Location: South Florida I currently have Sprint and basically my iphone 5 would be useless if I didn't have wifi. So I am looking to switch to either a Verizon or ATT prepaid plan. I went to target today and the iPhone 5 are still $99 for both Verizon or Att with a contract and $699 without a contract. So my question is when are we going to see a no-contract iphone 5 price drop? I would like to buy i5 with applecare. And if price doesnt drop on i5 it seems that it would make sense to just buy i5s for about same price? I am not looking to buy from CL, eBay, etc.