iOS hacker iH8sn0w has discovered a way to untether jailbreak the iPhone 4s, iPad 2, iPad 3, iPad mini and iPod Touch 5 which are powered by the Apple A5(X) processor for life. Details are relatively scarce at this moment regarding the exploit, although if it were ever released in the form of a jailbreak utility, those in ownership of either device would be able to enjoy an potentially indefinite, untethered jailbreak.
The issue now is that it is very likely that Apple will patch the exploit used for this jailbreak if it was every released publicly
In any case it currently looks like the exploit is not quite ready for public use, based on the complexity of using it at its current state. We will be following this story and will update you if this changes in the near future
source - RedmondPie
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