Behind The Scenes Of The iPhone 5 Jailbreak

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.