Photograph taken by passenger on MH370 has EXIF data linked to Airport on DIEGO GARCIA island
Debunked: MH370 Passenger Philip Wood sends Photo/Text from Diego Garcia [Fake EXIF GPS Data]
Since it's such a trivial thing to fake, and combined with the ridiculous narrative of smuggling an iPhone 5 up his rectum, and the image being black (iPhone 5 has a flash) the only sensible conclusion is that this is a hoax.
The originally posted photo seems to have been clumsily faked using the free software "Picasa", which left an indication in the EXIF data, adds extra "Photoshop" metadata, and stores the GPS data in a different format.