Hmmmm... The only thing keeping me from predicting a late June early July release of the iPhone 5 is that the white was released so recently but then again the verizon release and the white release were fragmented unnecessarily so it could be a non limiting factor. I try to speculate from the point of view of the masses and what they expect in relation to the previous release to prevent any Mainstream worry to it's perceived "mistakes." ( unless potential stubbornness/pride comes into play ) The new phone will come in black and white because we didn't get a full life cycle of white last year. It should have a "solution" for the antenna worries of last year to minimize any undue negative perception. New processor and camera at least. What if its called the 5 to separate itself distinctly from the 4. It will be an unpredicted surprise to compensate for the public embarrassment and to reestablish that Apple has control of it's privacy. Right now everyone thinks no iPhone, despite it being the historically correct cycle time. So if Apple has everyone thinking no iPhone at WWDC, what's the opposite of that? That would be an element of unexpected surprise. It would show they clamped down, threw out decoys, and employed the measures necessary to maintain secrecy, and thereby protective profit margins. Nobody from apple actually said they Aren't announcing it. That was a rumor. Nobody knows. What if this is the 5 and the next is the 5S?