Apple released iOS 5 Beta 7 for developers yesterday with some bug fixes and enhancements. iOS 5 Beta 7 can also be jailbroken with RedSn0w. Since all iOS have expiration dates, today, jailbreaker hacker, iH8sn0w, announced the expiration date for iOS 5 Beta 7 on October 20, 2011.
Apple is expected to release the final GM build of iOS in late September or early October. Apple releases a GM version of iOS when the software is in the final testing stages.
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