According to Think Secret, the iPhone is diverting resources from Leopard, meaning that it will probably be October when Leopard is finally released. LINK
I'm expecting this isn't the real reason, and in fact its either that there are some bugs they want to work out before release, or they are planning something new and shiny that they don't want to tell us about yet.
One thing that is slightly annoying was i was planning to get a macbook (pro) in the next couple of months and was slightly waiting for Leopard. Given that many people may be in the same situation, Apple might be wise to offer free/discounted upgrades to any mac bought after May (implied/speculated release date). However of course this was speculation so Apple doesn't really need to do anything.
Either way, hope Leopard has something good. Its strange i thought dashboard was neat, and spotlight was a bit meh when i bought it, but now i rarely use dashboard, but couldn't live without spotlight.
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