Here is some code that I wrote based on this answer, in case it is helpful to anyone:
#import <QuartzCore/QuartzCore.h>
...
+ (UIImage *) flipImageVertically:(UIImage *)originalImage {
UIImageView *tempImageView = [[UIImageView alloc] initWithImage:originalImage];
UIGraphicsBeginImageContext(tempImageView.frame.size);
CGContextRef context = UIGraphicsGetCurrentContext();
CGAffineTransform flipVertical = CGAffineTransformMake(
1, 0, 0, -1, 0, tempImageView.frame.size.height
);
CGContextConcatCTM(context, flipVertical);
[tempImageView.layer renderInContext:context];
UIImage *flipedImage = UIGraphicsGetImageFromCurrentImageContext();
UIGraphicsEndImageContext();
[tempImageView release];
return flipedImage;
}