Hi!
I am very new to blender. I have blender for mac version 2.63.
I am in sculpt mode but there is no Tool option under the Texture panel. Is it missing in the mac version? Is it under some other panel? The only panels that are in this version are Texture followed by Stroke, Curve, Options, Symmetry and Appearance. Any advise is super helpful. Thank you in advance.
I'm having the exact same issue.
I found the solution to this problem. The tool menu was moved to the 3D menu under "Brush."

It's that square box at the top right fo the Tools panel. Having both must have been redundant.
Sorry, I'm new to the program and am using a comprehensive tut to familiarize myself. This change actually makes a lot of sense.