Oh no!! Is it real that there wouldn't be iPhone 5 releasing this summer? I was so looking forward to the new release though!!

According to AT&T:

The rumors continue to pile up that Apple won't release the iPhone 5 this summer as expected. The latest word reportedly comes from an AT&T rep, who confirmed to a customer that the next-generation iPhone won't make its debut in June or July.
According to MacRumors, Apple allegedly confirmed to AT&T that the phone is delayed, and that information was relayed to an AT&T customer.

Check out the full story from PCMAG