As we all know yesterday Apple released iOS 5.0.1 to the public of course Apple announced that this version will fix iPhone battery issue, so for the people who upgraded their iDevices to iOS 5.0.1 they will be able to jailbreak their iDevices using latest version of Redsn0w which is Redsn0w 0.9.b8, and we made a little guide that will help you:
How To Jailbreak iPhone 4 Running on iOS 5.0.1 Using Redsn0w 0.9.9b8:
STEP 1: Download iTunes 10.5 & iOS 5.0.1
STEP 2: Backup your iPhone, iPad or iPod touch and restore it using the iOS 5.0.1 IPSW file downloaded using iTunes.
STEP 3: Download latest version of Redsn0w 0.9.9b8 from HERE.
STEP 4: Now, open Redsn0w and simply click on “Extras” then “Select IPSW” and browse for the iOS 5.0 IPSW file (download here) As shown in the picture below:
STEP 5: Now click on “Jailbreak” then “Install Cydia”. You’ll need to follow the on-screen instructions to get your device into DFU mode.
STEP 6: Allow it to jailbreak, after that your device will automatically rebooted…
Now you have successfully jailbroken your iPhone running on iOS 5.0.1 after that you should find Cydia on your iPhone, you can also download SemiTethered jailbreak tweak on your iPhone in order to reboot your device without need to a computer to connect to. You’ll lose some functions like opening mail and almost all jailbreak tweaks.