The Apple Store is now offering the Unlocked Apple iPhone 5 16GB Smartphone for GSM Networks in Black or White for $649, 32GB model for $749, and the 64GB model for$849 with Free Shipping. To get to the Unlocked option, choose a color and a model and then select “Or get iPhone unlocked and contract-free” at the bottom of the page. The unlocked iPhone only works on supported GSM networks, such as AT&T in the U.S. When you travel internationally, you can also use a nano-SIM card for iPhone 5 from a local GSM carrier. The unlocked iPhone 5 is model A1428 and only supports 4 (AWS) and 17 (700b MHz) LTE Bands.

The iPhone 5 features a 4″ 640 x 1136 Retina display with 326-ppi (pixel per inch), the powerful A6 chip, an 8.0MP iSight camera with panorama and 1080p HD video recording, 802.11n dual-band wireless networking, Siri, iOS 6 and iCloud. Yet it’s the thinnest, lightest iPhone ever.

If you don’t need it unlocked, Best Buy is offering $50 off the iPhone 5 or iPhone 4S Smartphone for AT&T, Verizon, or Sprint with two service agreement for a limited time. Shipping is free. This deal expires January 5, 2012.