Months after Sony announced its newest smartphone and months after it went on sale in other regions, the Xperia Z2 is finally available in the US market. However, it is still currently available only off contract through the Sony online store and they are offering their newest flagship at a $50 discount, bringing the price down to $699.99 from $749.99.

That’s a pretty steep price, even for the specifications the smartphone carries, as most of its rival OEMs that have almost similar specs, can be bought under $600. The Xperia Z2 boasts of a 5.2-inch screen with a display of 1920×1080 pixels, and still using the TRILUMINOS branding that Sony has been using for its mobile displays. It also has a 2.3GHZz, quad-core Snapdragon 801, Adreno 330 GPU, but what’s most important is the 3GB RAM, which should make it one of the smoothest running smartphones in the market. The internal storage however remains at 16GB, with a microSD card slot that can carry up to 128GB of storage.

For those concerned with the phone’s camera and video features, the Z2 improves upon its predecessor, the Xperia Z1, by maintaining the very impressive 20.7MP rear-facing camera, but adding several features to it. It can shoot video in 4K and has a new Timeshift feature that enables the slow-mo effect as you shoot. It’s also the first smartphone camera to have a digital noise cancelling feature. Some would say that this device’s purpose is more of a camera than just a phone.

There is still no word when the top US carriers will be offering the Xperia Z2 to its subscribers, though Sony very rarely makes such partnerships. That said, the phone is LTE ready and unlocked to, in theory, you can use it with your carrier or choice. Also, the Sony online store does not indicate when they will start shipping the devices, just that it’s on backorder.