The document discusses the iPhone 5, including its price of $399.99 for the 64GB model, how it can be used to call, text, research online, use email and maps, that it was invented by Steve Jobs, and some reasons to want it are that it is reliable, has a lot of storage, lasts long, has great apps, and is good for shopping. The author's opinion is that the iPhone 5 is a great tool that can be both fun and useful for kids and adults.