Current time is incorrectly displayed in the Calendar, although scheduled events are correct.
Apple cant catch a break with Daylight Saving times can they? Apparently a new bug has surfaced in Calendar display that offsets the "current time" by one hour, although alarms and calendar events are correctly timed and displayed.
The bug was first reported at AppleInsider where users also uploaded images and described the issue, for example, at 12:15 p.m., the calendar app draws the "current time" line in the slot for 1:15 p.m., despite displaying the correct time beside the line and in the system notification bar.
Back in 2010 a similar issue hit iPhone users, an alarm set for 5:55 am went off at 4:55 am instead; the issue only affected iPhones running iOS 4.1, and affected recurring alarms, even if the time was set correctly.
Then in 2011 another bug hit iOS where DST wasnt recognised, causing similar issues for people who rely on alarms to start their day. In some cases the devices updated for the time change, but then reverted back to DST.
The latest bug is thankfully not harmful to your schedule, but it looks like its back to the drawing board for Apple!
Source & Image: AppleInsider