When the lucky people that own an IPod Touch or an iPhone commence in a high five with there ipods because how awesome they are for having an Ipod Touchs or iPhones. also known as an iPhive
Dude!! I didn't know you had an itouch! iFive!!!!!!!
by Freddy's Cougar November 2, 2009
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When two or more people high-five with their iPhone 5's in celebration of connecting with each other.
Hey, that's a sweet iPhone 5 you got there. *iFive*
by Mr_Hrnandz September 21, 2012
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IM Log
Guy 1: Hey man I got laid last night.
Guy 2: Sweet man, iFive.
by ODST January 9, 2010
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High five using iPhones instead of palms.
That's Awesome!
iFive!
Dude, not so hard! You'll break my screen!

copyright Peace Camel & Thefatman
by thebassman666 November 22, 2010
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