This is not why; the nexus4 is much cheaper than the SGS3 in the UK. (240/280 VS ~400).

Moreover, google and amazon do NOT sell below cost. They are near cost, for the cheapest version, at launch. Go look at how much tablets sell for in China if you think their tablets are below cost. (or miumiu phones).

I do think they might sell bellow cost. Of course, it's illegal to say it so they claim it's at cost. Amazon even brags there is no margin: http://www.forbes.com/sites/timworstall/2012/10/12/amazon-ma... but I wonder, if they are so desperate for market share, wouldn't get go a bit further. I think they do.

Its 299 (granted € not $) in Germany too, thats more expensive than in the US but still cheap for a phone like that!

Cool phone, LTE is a non issue for me since its not widely available here anyway and with the tiny amount of data your get here (i have 300Megs included in my contract after which it gets slowed down to dialup speeds) its kinda useless.

The US price does not include sales taxe (19% in Germany). If you take this into account is's still more expensive in Germany but less than 10%.

The odd thing is the Shenzhen Foxcon factory is closer to Berlin than San Francisco. Somehow, even excluding taxes, it's still more expensive in Germany.

And a difference of 7% is substantial for a product with no margins.

In Spain Google is advertising the Nexus 4 for 299€ / 349€. So I don't really know what is going on in Sweden. Maybe is because they don't use the euro as its currency?

Resellers don't sell it at the same price as the play store does.