About the only discount. AT&T currently has limited stock of the refurbished Apple iPhone 5 16GB Smartphone for $149.99 with free shipping. White is only available. Same warranty as a new one. New 2-year plan required. Stock changes from hour to hour.

Verizon Wireless sells iPhone 5's that are unlocked so they can be used on other GSM carriers like AT&T and international carriers.

Be sure to read our article: iPhone vs. Android: Making the best Choice

About Apple iPhone 5:

The Apple iPhone 5 comes with a new faster Apple A6 processor (ironically made by Samsung) and runs on iOS 6. It has a a longer, larger 4" Retina display with a fingerprint-resistant oleophobic coating. Cnet calls the redesign "sharp, slim, and feather-light."

Apple iOS 6 includes a smarter Siri voice interface and Passbook, a digital wallet app for storing items such as gift cards, boarding passes and tickets.

However the iPhone 5's new improved Lightning connector makes older docks and chargers obsolete. On the plus side, the new connector is a bit smaller, a little more rugged and easier to use than the previous one.

About AT&T Mobile:

AT&T offers 2-year contract plans starting at $59.99 for 450 minutes of talk and 300MB of data. Only AT&T's network lets you talk and surf at the same time on the iPhone 5.

Reviews:
Cnet gives the Apple iPhone 5 a 4 out of 5 rating.

AT&T Apple iPhone 5 Specifications:

• 8Mpixel iSight rear camera, 1.2Mpixel front-facing camera
• Apple A6 dual-core 1.30GHz processor
• Apple iOS 6
• 4" 1136x640 resolution touchscreen
• Bluetooth 4.0
• 802.11a/b/g/n Wi-Fi
• 8 hr talk time, 9.4days standby