The rumors have been growing over the last few days that the iPhone 5 will not be released this summer, in the regular Apple update cycle, but instead will not be available until this the fourth quarter of this year (or September at the earliest). The initial reports came from those familiar with Apple's World Wide Developer's Conference (WWDC). While the 3GS and iPhone 4 made their public debuts at the last two WWDC events, Apple has made it clear that there will be no hardware announcements at this year's show, and the focus would be on software - IOS and the next version of the Mac OS, "Lion", which is set to ship this summer. With this disappointing news, the conference proceeded to sell out the same day that registration opened.
