Josh wants to know if the c in the iPhone 5c stands for 'cheap.' Leo says it really stands for "color", and is designed to appeal to price sensitive users. This phone is really an iPhone 5 made in plastic offered in different colors, and is meant to replace the iPhone 4 and 4s in the budget marketplace. It's not all that cheap, but he could get it on contract for about $99. If he wants to buy it off contract and unlocked, it's not that much less than the iPhone 5s.