Firefox Home is not another version of Firefox for Mobile, Fennec, its rather a window to access your Firefox world, making sure that you don’t miss any of your bookmarks, open tabs on other firefox and stuff.
Already in May, Mozilla announced that they are working to launch a Firefox browser for Apple’s iPhone. But since the Apple’s software development kit prohibits a competitive browser, Mozilla couldn’t have come up with a complete browser to replace Safari.

So they thought to come up with an App that enables the users to fetch their Firefox data from other devices on their iPhone, using Firefox Sync. (Firefox Sync, previously known as Weave Sync, syncs users data – open tabs, history, saved passwords, bookmarks, securely on a cloud which can be later accessed or downloaded by the user using the same application.)
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