Apple is now selling unlocked versions of its iPhone 5 smartphone, which means instead of choosing from carriers such as Sprint, AT&T, and Verizon, those willing to shell out at the Apple Store can get their hands on the device contract free.
The unlocked phone gives users the ability to insert nano-SIM cards from any supported network rather than be locked into a multi-year contract.
However, the phone isn't cheap. The 16GB version costs $649, compared to $199 for a typical contract model, and goes up to $849 for the 64GB model.
"The unlocked iPhone includes all the features of iPhone but without a wireless contract commitment," Apple says on its website. "If you don't want a multiyear service contract, or if you prefer to use a local carrier when traveling abroad, the unlocked iPhone is the best choice."
The iPhone 5 is undoubtedly one of the most desired smartphones on the market. It features a brilliant 4-inch retina display, an updated 1.3GHZ dual-core Apple A6 processor, 1GB RAM and Apple's updated iOS 6 operating system.
However, the handset faces stiff competition from other similar spec'd devices which cost far less.
Google's LG Nexus 4 offers a quad-core processor, Android Jelly Bean and 2GB RAM and starts at $299 for the 8GB model and $349 for the 16GB top-end variant.
Or you can opt for the top selling smartphone in the world - Samsung's Galaxy SIII. That phone features a 1.4GHZ quad-core Cortex-A9 processor, 1GB RAM and a larger 4.8-inch 1280x720 HD display at 306ppi. The starting price for a 16GB model, SIM-free is around $500 - almost $150 less than the iPhone 5.
Finally, if neither Android nor iOS 6 takes your fancy, you can buy Nokia's flagship Windows Phone 8 smartphone - the Lumia 920 - which also starts at around $500 unlocked and without a contract.
The Lumia has a 1.5GHZ dual-core processor built by Qualcomm, 1GB memory and has a 4.5-inch 1280x768 WXGA capacitive touchscreen at 332ppi.
The big question is, with such fierce competition, can the iPhone continue to compete at such a high price point?
Apple is offering every unlocked iPhone 5 with 90 days of free telephone technical support and a one-year limited warranty.
more stories from Mobile
Check out the latest from Glance! They're piloting their Android Lockscreen Platform in the US. Don't miss it!
ernest hamiltonExciting news! X plans to launch a Smart TV app for an immersive entertainment experience. Stay tuned!
ernest hamiltonT-Mobile unveils new 5G internet plans, promising enhanced home and travel connectivity for customers seeking high-speed internet on the go.
ernest hamiltonHuawei sets sights on global expansion with HarmonyOS, aiming to rival Android and iOS in the competitive mobile operating system market.
ernest hamiltonStay ahead with the latest updates! Apple rolls out third betas for iOS 17.5 and iPadOS 17.5, bringing exciting app ecosystem changes and new features.
ernest hamiltonMoondrop, known for audiophile gear, teases its inaugural smartphone, the MIAD 01, promising a unique blend of audio excellence and mobile technology.
ernest hamiltonAndroid 15 aims to streamline notification channels by hiding unused ones, enhancing user experience and decluttering notification settings.
ernest hamiltonDolphiniOS developers shed light on why the GameCube and Wii emulator won't be available in the App Store.
ernest hamilton