theres a DAC in apple's lightning to 30 pin adapter for $30, which have been getting decent reviews around here
but for an LOD, you neeed to convert the digitial signal using a DAC and apple certified chip, so no one has the R&D to do it yet
apple has managed to get it for $30 since they can mass produce them
if another LOD does come out, it probably wont be out for a long time
The adapter is decent sounding, on par with how a Nano 7 will sound like on matching volume. Unless iPhone 5 actually sounds worst than a Nano 7, I'll suggest you just double amp the headphone-out.
Will there be a big difference in sound quality by connecting an amp like an Fiio E11 thru lightning with apple adapter and LOD compared to a line out cable from the headphone output of the iPhone 5 with the amp?
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