I was hoping there would be solution of bug fix by now. I know a number of people using iPhone dictation with Evernote having the same issue. My iphone voice to text dictation works fine in other apps... so I assume this unique to Evernote after the iPhone upgrade. Interesting also is that I can dictate the note title without issue, it is only in the body of the note that this cursor reset occurs. Seems like this is an Evernote issue to me. The only interim alternate approach I found is to dictate my meeting summaries using iPhone notes app, then copy and paste to Evernote. Not a sustainable alterntative
I'll continue with this clumsy approach while searching for an alternative app, or until someone at Evernote will acknowledge the issue and provide a fix, whichever comes first.