Actually you can provide some obfuscation and tamper protection with specialist 3rd party tools. There are 2 companies, I know of, that provide tools or services to do this : Arxan and irDato.
Neither are cheap or accessible to small developers but if you are developing for a large corporation then you should consider them.
Obfuscation is done by mangling code paths and adding redundant instructions so as to confuse anybody trying to reverse engineer the code. Tamper protection is done by adding checksums to the code and embedding checksum checks within functions. You can create a network of interdependent checksums that makes it extremely difficult to bypass them. There are a few other things that can be done but you really need to talk to specialists in this area.
Further to the earlier answer, Apple does not encrypt the binaries but just signs them. It is fairly easy to reverse engineer and modify app binaries on a jailbroken device.
