An iPhone 5 launch three weeks from now would mean that Apple waited less than 8 months since the last major iPhone release, which feels slightly rushed compared to previous launches (though not by much).
More importantly, however, Apple said iOS 6 will ship this fall. Launching the iPhone 5 in advance of iOS 6 is a strategy Apple probably won't employ.
The bottom line? Sit tight if you're holding out for an iPhone 5. It's coming, just probably not in three weeks.
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