Is this website trustworthy?

This website claims they get over stocked/over runs of items from popular companies, and they sell iPhone 5S for $50! The http address is here http://www.cheapiphone5sonsale.us/#

Of course not, first off you can't just use iphone in the name as its illegal and name is owned by Apple. Thats tells you right away its a scam site or fake chinese site.

The site is only 3 weeks old, I would stay away. THey seem to also own a counterfeit handbag site: 8bankfreedom.com

Both Target and Radio Shack (coupon) have iPhone5c for $50 with a service contract.