The keyword above is "American", this is where your argument falls apart. The low cost phone isn't targeted at the US. In many countries, you can get a service provider starting at about $15/month, IF it's not subsidising the phone. So $350 for the Low Cost iphone, plus $15/month, is VASTLY cheaper than your model ($99 for a 4S up front and then $75/month for 2 years). Do the math.
6/18/13 at 8:54am