They will, and they'll attach a strap to it and call it the iPhone Mini that can be worn around your wrist. It's not a watch, it's just a phone that you can wear around your wrist that looks like a watch, but it's not a watch, it's a WHOLE NEW REVOLUTIONARY MARKET SEGMENT!
THE PERSONAL WRIST ASSISTANCE!
...don't call it a watch.
Seriously though folks, everyone says the iPhone 5c is garbage, and as a stone cold Android fan it's the one phone that I'd get from Apple. It ACTUALLY feels better to me than the 5s. Just as good as the 3GS which was the last iPhone I used.
The biggest problem you see with people around here is that they assume something HAS to be aluminum before you can consider it quality. As if the metal itself somehow makes something better.
I've already gone through the raw cost of aluminum vs. plastic about ten thousand times now, so I'll avoid that argument entirely.
What is true is that quality is entirely in the eye of the beholder, and is usually based around ideas of what they believe is quality, rather than any sort of actuality. I think if someone went into a store without any expectations or knowledge of brands, they wouldn't think an iPad Mini feels more expensive than a Nexus 7 because of its inherit aluminosity. Plastic vs. Metal probably wouldn't even enter into the equation they're forming in their head. They'd base their experience entirely on the texture of the tablets. Like the iPhone 5, the Mini feels like it's made out of a tin can. The Nexus 7, which is made entirely out of omg cheap plastic olol, has that nice, soft rubber feeling grip that feels comfortable in your hand. Most people would probably go for the Nexus 7 based on feel alone.
Plastic is just as viable a material for an expensive tablet as aluminium, and yeah, sometimes people prefer it more.
...though the one phone that'd lose its ass in a feel test would be the Galaxy 3/4. They do feel like cheap crap, like it was made out of the same stuff that portable phones used in the 90's. I like them less than I do the iPhone 5.