boundingRectWithSize for NSAttributedString returning wrong size

Looks like you weren't providing the correct options. For wrapping labels, provide at least:

CGRect paragraphRect =
  [attributedText boundingRectWithSize:CGSizeMake(300.f, CGFLOAT_MAX)
  options:(NSStringDrawingUsesLineFragmentOrigin|NSStringDrawingUsesFontLeading)
  context:nil];

Note: if the original text width is under 300.f there won't be line wrapping, so make sure the bound size is correct, otherwise you will still get wrong results.

For some reason, boundingRectWithSize always returns wrong size. I figured out a solution. There is a method for UItextView -sizeThatFits which returns the proper size for the text set. So instead of using boundingRectWithSize, create an UITextView, with a random frame, and call its sizeThatFits with the respective width and CGFLOAT_MAX height. It returns the size that will have the proper height.

   UITextView *view=[[UITextView alloc] initWithFrame:CGRectMake(0, 0, width, 10)];   
   view.text=text;
   CGSize size=[view sizeThatFits:CGSizeMake(width, CGFLOAT_MAX)];
   height=size.height; 

If you are calculating the size in a while loop, do no forget to add that in an autorelease pool, as there will be n number of UITextView created, the run time memory of the app will increase if we do not use autoreleasepool.