You can now buy the unlocked iPhone 5 at Dick Smith

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You can now buy the unlocked iPhone 5 at Dick Smith

Presumably supply and demand for the iPhone 5 is coming into balance, because the newer model is now available at Dick Smith too.

 

Normally the Apple Store has been the only source for new unlocked iPhones.
 
But earlier this month, Apple started to allow some of its resellers - notably Dick Smith - to sell unlocked iPhone 4 and 4S handsets.
 
Presumably supply and demand for the iPhone 5 is coming into balance, because the newer model is now available at Dick Smith too.
 
But don't just go to your closest branch regardless, as only 50 stores are stocking the unlocked smartphone. Here's Dick Smith's list:
 
 
The retailer is selling the 16GB model (black or white) for $788, which is $11 below the Apple Store price.
 
While there's a lot to be said for an unlocked phone (it allows the use of local or travellers' SIMs when overseas, makes it easier to switch carriers, and is easier to sell), do the arithmetic before making a decision.
 
For example, Optus will sell you a 16GB iPhone 5 for $432 (24 repayments of $18) if you go on a two-year $30 per month plan.
 
If you're a heavier user, the iPhone 5 is effectively free on a $80 plan inasmuch as you'd pay the same over 24 months whether or not you took the phone.
 
On the other hand, an amaysim Unlimited plan (which uses the Optus network) costs $39.90 per month and gives you more calls and data than the $80 Optus plan.
 
The total cost with Optus is $1920 over 24 months, but with an unlocked iPhone 5 from Dick Smith and amaysim Unlimited it's $1745.60.
 
Only by examining your own situation including any existing contractual obligations can you decide whether a subsidised or outright phone is a better buy. 
 
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