That's the phone, not the Nexus 10 tablet which is $399.
*16 GB is $349
$359 here in Canada. Unbelievable price. That's how much I paid for my Galaxy Nexus USED!
Yeah really impressive, two weeks ago I was about to purchase the Galaxy SIII with a 2 years contract for $500 dlls (yeah really that's the price here in my country).