“We believe that iOS 5 and the iPhone 5 (both previously expected this summer) are now unlikely to be available earlier than this fall as Apple incorporates new cloud-based services,”
https://blogs.forbes.com/ericsavitz...ing-iphone-5-delay-jefferies-trims-estimates/
https://blogs.forbes.com/ericsavitz...ing-iphone-5-delay-jefferies-trims-estimates/