Apple is now selling unlocked iPhone 5 models in the US. Unfortunately, only the GSM model will be unlocked and are available for $649/$749/$849 for the 16/32/64 GB models.
According to the company website:
[quote] The unlocked iPhone includes all the features of iPhone but without a wireless contract commitment. You can activate and use iPhone on the supported GSM wireless network of your choice, such as AT&T in the United States. The unlocked iPhone 4, iPhone 4S and iPhone 5 will not work with CDMA-based carriers such as Verizon Wireless or Sprint.
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. It does not come with a micro-SIM card for iPhone 4 and iPhone 4S, or a nano-SIM card for iPhone 5, so you’ll need to get one from any supported GSM carrier worldwide. To start using it, simply insert the card into the slot on your iPhone and turn it on by pressing and holding the On/Off button for a few seconds. Then follow the onscreen instructions to set up your iPhone.[/quote]
I believe another smart move Apple’s part is to provide a nice financing deal, which enable customers to purchase the iPhone now and pay no credit for up to 18 months. This would be great for those looking to buy an iPhone but can’t afford to shell out for the $649 upfront.
According to the website:
[quote]
For a limited time, card members get no interest financing for up to 18 months on qualifying purchases at the Apple Store if paid in full within that time period. Apply now for the Financing Visa Card from Barclaycard.[/quote]
Source: Apple