Its quite cheap if you consider phone prices in Europe. We are regularly used to buying unlocked mobile phones for $1000+ when they come out.

Instead of a symbian/win mo OS we are getting a desktop computer with fantastic hardware to boot.

Like people said the phone is also heavily subsidized by carriers as its a mobile.

I could be wrong but I heard form an American that a reason why the latest phones don't reach the USA is that consumers are unwilling to pay unsubsidized prices.