Cheapest Apple iPhone 5 costs £500

It is a very rare occurrence which is why we’re highlighting it. An independent retailer, Expansys, is selling the 16GB version of the Apple iPhone 5 (white or black) for only £500, that’s a £29 saving off its retail price at Apple.

It is notable because Apple is notoriously difficult when it comes to discounts and the fact that this happens less than six months after the launch of the Apple iPhone 5 and that there are ample stocks means that this is neither a loss-leader operation nor one which is being done without Apple’s ascent.

The Apple iPhone 5 was launched on 12 September and comes with a new Apple A6 SoC, one which supports LTE/4G. It has a 4in 1,136 x 640 pixels display, abandoning its original 3:2 aspect ratio for a more traditional 16:9 one.

There’s an 8-megapixel camera, Bluetooth 4.0, a front facing 1.2-megapixel camera, GPS, a Lightning connector and most importantly, a new form factor.

Apple’s new flagship abandons the glass back from the iPhone 4 series, which allows it to drop in thickness and weight. Check out our review of the Apple iPhone 5. Note that like all other iPhone handsets, this one locks on the first SIM card introduced.