I agree. The iPhone is short of a few features that my girlfriend would use. She pays for stuff with her mobile phone. I don't know how she does it, but she does it, and I don't think she'd give up that feature.
Oh, and she bought her mobile phone used for $30 USD, and it had a fingerprint reader, easily usable internet, and a 2 MP camera. It even has GPS, I think. We've used her internet to tell us how to get from one place to another. Her phone then tells us where to go. The phone is probably 3 years old, and totally "obsolete".

The iPhone would be difficult to market there. What are they going to advertise......GPS? 3G? Welcome to 2003, Apple.