i have tried accessing bluetooth on my new iphone 5. it does not even show searched devices. it just displays searching symbol
If the phone is new, you will need to put the devices you are trying to pair with the phone into discover mode. You cannot just put the phone into discovery mode, both the phone and the device have to be to be able to pair.
What are you trying to pair it with?
Here are the supported Bluetooth profiles: http://support.apple.com/kb/HT3647 and uses for them.
I am trying to pair up with other iphone 5. and where is the discovery mode?
You cannot pair one iPhone to another
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