Want an unlocked Galaxy S III? Amazon has you covered

Samsung's latest flagship smartphone is already available for preorder on Amazon, but there's a catch.

Samsung Galaxy S III buddy share
The Galaxy S III promises to be among the most popular phones this year. Jessica Dolcourt/CNET

If you can't wait to get a U.S. carrier version of Samsung's Galaxy S III, Amazon is offering the unlocked version early.

Samsung Electronics' latest flagship smartphone is available for preorder now, and will ship June 1.

There is, of course, a catch. Since the unlocked Galaxy S III isn't optimized for U.S. carriers, there are limitations to what networks it can run on and how fast it can go.

The unlocked version is a GSM device, meaning Verizon Wireless and Sprint Nextel are out. At AT&T and T-Mobile, the device won't be able to tap into their respective fastest networks. At AT&T, the device will work with its speedy HSPA+ network, but not its 4G LTE one. Similarly at T-Mobile, it won't be able to access its HSPA+ network because of the incompatibility with the carrier's spectrum.

The Galaxy S III is expected to follow in the Galaxy S II's footprints and help Samsung retain its leadership position in the mobile and smartphone markets. The Galaxy S II was a huge success, ranking as one of the top selling phones of last year, often considered second to Apple's iPhone 4S in popularity and brand.

The Galaxy S III was unveiled to the global market at an event earlier this month . The company has only said the U.S. versions of the phone would be available in the summer.

The summer release timeframe should give it a nice start ahead of the launch of the next iPhone.

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