Preview at WWDC likely in June, followed by September launch.
Shipping Estimates for New iPhone 5 Pre-Orders Through Apple Slip to 3-4 Weeks
The new 3-4 week estimates are in place in the United States, Canada, and Australia, while several other launch markets including the United Kingdom, France, and Germany remain at 2-3 weeks for the time being. Accounting for shipping time, the new estimates suggest that those placing orders today may not receive their devices until mid-October.
Not only are Apple's lengthening shipping estimates coming before the first round of launches in nine countries this Friday, but the new pre-orders are being pushed well past Apple's second round of launches set to take place in 22 more countries and on additional carriers in some of the first-round markets on September 28. Apple will undoubtedly be reserving some stock for launch availability in the new countries and is of course holding stock for in-store sales beginning this Friday as it rolls out availability, but online orders are now seeing even more substantial delays for the popular device that saw two million pre-orders in just the first 24 hours of availability.