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Summary: Apple is finally selling unlocked versions of the iPhone 4S — with a few caveats.
Consumers looking to pick up the iPhone 4S without a two-year contract finally have the news they’ve been waiting for. Apple has begun selling the unlocked, contract-free versions of its latest device, offering owners the freedom from two-year contracts.
That freedom, however, comes at a price. The unlocked iPhone 4S is only compatible with GSM networks like AT&T’s own, and won’t work with CDMA networks like the ones used by Verizon and Sprint. This is good news for regular travelers (not to mention T-Mobile subscribers), who can swtich networks simply by swapping out the device’s micro-SIM card.
Without a carrier subsidy, prices for the unlocked versions of the iPhone 4S are predictably high. $650 will get you the 16GB model, $750 for the 32GB, and $850 for the 64GB version of the phone. Apple estimates that the devices will ship between one and two weeks from time of order.
[Apple]

Ricardo Bilton writes for ZDNet's The ToyBox. His work has appeared in The Japan Times, The New York Observer, and The International Business Times, among other publications.
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