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/e/OS Is Better Than Android. You Should Try It
(www.wired.com)
This is a most excellent place for technology news and articles.
Most people around me carry budget phones under $200. so no, far from a steal.
You live in a richer area then. Most people where I live make less than 1k a month.
Well, too bad for them then. Taking a loan does not make a purchase easier, you pay even more anyway. So point still stands, a $450 phone IS an egregious lot, just not absolutely insanely so.