500 bucks ?
In China, many buy the phone outright without 1 or 2 year contracts.
Why? Phone numbers are a dime a dozen and people can buy telephone numbers without contracts at any convenience shop or news stand. It's simple.
There ARE contracted telephone numbers, but for many Chinese living in the mainland, they pay a monthly fee (which is dirt cheap) while paying for only what they use (phone and internet time).
So, if those people are looking for a phone, $500 US is very very high.
I thought the 5C would be priced around $300 for the phone. This has "fail" hovering over it.
I work in China and I gotta say, $500 is upper middle class for the Chinese. And those are seriously in the minority of the population in any city in China.
$500....
I'm seriously scratching my head.