This competition is now closed.

If you want to get your paws on Apple's latest smartphone but don't have upwards of £500 burning a hole in your pocket, enter this ITProPortal competition and your dream could come true.

We will choose the winning entry using our in-house, patented random number generator and the smartphone will be shipped soon after.

This competition closed one week after the iPhone 5 launched in the UK and the name of the winner will be revealed soon.

Good Luck everyone! You can read our extensive coverage of the iPhone 5 and the low-down on the event at the Yerba Buena centre for Arts via our live blog.