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The unlocked iPhone 4 actually slipped out a day early, and is now available through the Apple Store. As mentioned below, this is a GSM model only. Also, we've answered many common questions in our unlocked iPhone FAQ.



From TUAW:
While we were skeptical about the rumors that came up over the weekend, both MacRumors and 9to5 Mac now confirm that unlocked versions of the iPhone 4 have arrived in Apple's retail outlets and will go on sale starting Wednesday. The 16 GB iPhone 4 will cost US$649, while the 32 GB model will retail for $749. These prices are higher than U.S. buyers might be used to seeing for the iPhone because they're handset-only prices, independent of any carrier contract. Note that this concerns only the GSM model; the CDMA/Verizon model is expected to remain Verizon-only for now.

Like most other mobile phones in the U.S., the iPhone has been locked to a specific carrier since its introduction. Before the Verizon iPhone debuted, AT&T was the sole carrier choice for American iPhone owners unless they were willing to jailbreak for the privilege of using the iPhone on an alternate carrier. The iPhone's carrier lock in the U.S. also means that, unlike international users who can swap out SIMs at will, American iPhone owners who travel internationally must pay exorbitant international roaming fees.
  Unlocked iPhone 4 available for $649 in US