Does this website seem real and trust worthy?

Looking for a new phone and this website seems fishy. Think it is?
http://www.cellphonecity.com/apple-iphone-5-16gb-at-t-white---silver-gsm-see-description.html

NOBODY sells hot ticket items for less that 10% discount from retail. The obvious conclusion is that is a scam website.

They have had the web site name for 9 years, reducing the possibility of being some Chinese fly by night operation.

They dio use a paid procy to conceal the real web site owner information, that's common for home based businesses as well as shady operators.

I just don't quite see how they can resell such a new model for that cheap without a service contract, even if it's used.

Looked through on line reviews, they were generally positive, didn't seee scam complaints.

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