The iPhone 5 is still on track for a normal June or July release date, an analyst suggests. Ticonderoga Securities' Brian White explains that while there is no "smoking gun" pointing one way or another, there is a "pattern of activity in motion with the supply chain that makes us question a delayed launch." Various reports have hinted that the iPhone 5 might not be announced at WWDC 2011, and could even ship as late as the fall.