Here's why T-Mobile's Nexus 5 is $100 more than at Google Play

T-Mobile on Friday said it would offer the Nexus 5 starting November 14 with a down payment of $42 and 24 monthly payments of $17. Add that up, and you get $450, which happens to be $100 more than what Google is charging for the phone at its Google Play store.
The natural assumption, given this is a Google phone, is that T-Mobile is somehow generating a tidy profit on the highly coveted device. But that's not so, says T-Mobile. A representative confirmed to CNET that it pays full retail price when it purchases the phone from Google's manufacturing partner, LG.
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