Locked phones are usually discounted, and the contract you sign with the carrier makes up for the financial loss the carrier takes on. So, you might be asking why carriers sell locked phones. Even if you didn’t buy your phone from a specific carrier, it can still sometimes be locked by that carrier (sneaky, huh?) On the other hand, locked phones have software that prevents them from being used by different mobile networks, hence they’re locked into a certain network and can only be used with that specific carrier. Unlocked phones are phones that aren’t tied to a specific carrier and can work with different providers (or let you switch providers whenever you want). As you might imagine, since there are unlocked phones, there are also locked phones.
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