Technically speaking, the iPhone 5 is already jailbroken. You're just not allowed to have it yet. The reason for this is because one of the bugs that contributes to a functional jailbreak is so good, that the hackers who discovered it would rather hang on to it while looking for another to replace it, instead of releasing it out into the wild where Apple could learn of the exploit, and patch it. Plus, iOS 6.1 is on the horizon, so they definitely don't want to release the bug before then. David Wang (@Planetbeing), one of the half a dozen hackers working on the jailbreak for the latest iPhone announced this news on Reddit not too long ago. "The fact is, I have an untethered iOS 6.0.2 JB running on my iPhone 5 right now," he wrote. Source: http://feedproxy.google.com/~r/Techcrunch/~3/-guvCIwdwQQ/
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