Apple

[strife]

Hell, an American would never pay $700 for a phone.

Sure they would... tell them this is the most technologically advanced phone in the history of phones and charge them $30 a month over a 2 year contract and bam, $700 phone. You don't think people would pay that? Hell right now I'm paying over 500 for my phone(granted, the only reason I am is because I'm on T-mobile and my plan is still cheaper paying the $20 a month for my phone than it would be if I got a subsidized phone on AT&T or Verizon). I believe the Iphones on tmobile right now are $25 a month over 2 years + tax is about $650.

But yes, they missed the mark if their cheap phone is still over $500...