With the iPhone, Samsung Galaxy S3 and other smartphones costing in excess of $500, it may be wise to learn how to save a phone that has been dropped in water. This is a life or death situation for the phone, memories, contacts and notes could all die if you don’t act fast and worst- if you have nothing backed up. Rather than giving you a write-up on information that is already out there, this is going to be a link post with a video showing you how-to get it done. We are going to point you do the best resources on how you can save your phone from certain death.
My first iPhone died a painful death from drowning, it was underwater for approximately 5 mins. Over 300 pictures, music, notes and recordings of me singing in the shower were never recovered. This is before I got iCloud, but even with backups in places- with no insurance, you are at risk of losing an expensive device so I suggest you learn how to perform phone CPR.
If you want a quick guide here it goes. Take the phone out fast> Remove parts and dry very well> Seal it with silica gel packs or dry rice> Leave it overnight in a drying agent> Test and hope for the best.
If it doesn’t work lie through your teeth- and try and claim it is a manufacturing fault for a refund.
Wikihow- Illustrations on how to recover your phone
Cnet- Things not to do and a ordered how-to