Now a credible report from financial analyst Avian Securities seems to confirm the fanbois’ worst fears—Apple (AAPL) won’t release the iPhone 5 until 2012, or perhaps late-2011.

Speaking on behalf of Apple “fanbois,” this is not even to our worst fear—that would be being stuck in an elevator over a holiday weekend with Rob Enderle and Katherine Noyes. And “credible”? The Macalope’s not saying Avian Securities isn’t a reputable firm, but he’s been following Apple for kind of a while now and he’s never heard of them. “Plausible” might have been the word you were looking for.

Here’s the horse’s mouth, Avian Securities:

Uh, no, the horse’s mouth would be . Avian Securities, as the name indicates, is more “a little birdy told me” territory.

Will the iPhone 5 get delayed until later this year, or maybe even 2012? Heck if the Macalope knows. And heck if Computerworld does.