CNN – An Apple leak, hedge fund FUD or a false rumor out of the wild west of the blogosphere? Several Wall Street analysts finally caught on to the significance of Jim Dalrymple’s report in The Loop Monday that there would be no new hardware unveiled at Apple’s (AAPL) Worldwide Developers Conference in June.
What this may mean — as BMO Capital’s Keith Bachman and Jefferies & Co.’s Peter Misek explained to clients Wednesday — is that for the first time since 2007, summer will come and go without a new iPhone.