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Confirming what I hear with critical listening, the iPhone 5 is a wonderful high-fidelity audio source. While publications funded mostly by advertisements from makers of expensive cables, power conditioners and outboard DACs don't want you to know this,
the iPhone 5 is a better audio source than most DACs will be when connected to a computer or CD transport. The only difference is that the iPhone has a level 6 dB lower than a proper CD player, but the iPhone still has more output at 1 V full-scale than some outboard audiophile DACs! (
Stereophile wrote that "The iPod's measured behavior is better than many CD players" back when the iPod first came out and was only considered as a toy and not as a better player than most of the exotic fluff gear out today.)
The iPhone lacks a fan or hard drive, so it runs
silently as it plays from its buffered solid-state memory.
The iPhone 5 has the additional benefits of being self-powered, so you have no ground loops as you will when using AC-powered gear or anything connected to a computer via a electrically conductive cable.
Ignore those who confuse the iPhone with crappy MP3 players; the iPhone has wonderful audio quality for serious music listening either directly with
good or
great headphones or plugged into the rest of your high fidelity system.
Enjoy your iPhone!