IOW, we don't want to spend the money to test whether we did it right, so you 5,000 people get to test it for us without getting paid. And if it breaks your phone, we'll replace it - in a week or two.
Earplugs in, everyone - we're going to start hearing the screams soon.
5.0.1 still has the very-well-known-by-now memory leak, so no one should be releasing it. 5.1 fixed it, so that's the earliest version that should be released - to see if there are any bugs in it. Released to Verizon employees to run on phones supplied by Verizon, so they still have their own phones if LolliFlop breaks the test phones. But a company that grossed over 60 billion dollars last year (according to their financial statement) with a 9.5 billion dollar net profit, can't afford to test the product they're selling. (The other carriers are no better.)
Hey, something has to be left to fill those golden parachutes, right? (Where do I apply for one of those jobs? I'm coming out of retirement for a year. I'm cheap - $5 million when I retire again and I'll be happy.)