spungles said...
Mate, it likely wont start 'cause its got salt water in it.
Soak it in metho to wash the salt out and then dry thoroughly.
I should point out that may not work, but I guess you've got no bother trying. There are no moving parts in the iphone asides from the speakers, so it's worth a shot.
There are water damage sensors in 2 places - 1 just near the connection point, so APple can tell if you've got water damage and they won't do a warranty claim.