Newegg offers the Unlocked Apple iPhone 5 16GB 4G LTE Smartphone in White, model no. MD294LL/A, for $499.99 with free shipping. That's $60 under our December mention and the lowest total price we've seen for an unlocked iPhone 5. (It's also a current low by $341.) This GSM smartphone features an Apple A6 processor, 4" 1136x640 Retina display, 8-megapixel iSight camera, 1.2-megapixel FaceTime HD camera, 1080p video capture, 802.11n wireless, Bluetooth 4.0, and dual microphones.