Xperia Z1 compact,miniature flagship of Sony

Sony has announced the Xperia Z1 Compact at CES 2014. Unlike most mini flagship variants, it features a specs sheet that doesn't compromise, and has almost identical hardware to the Xperia Z1 flagship.
KEY SPECIFICATIONS-
Dimensions: 127 x 64.9 x 9.5 mm, 137g
Display:         4.3" Triluminous IPS display of 720p resolution, 341ppi
Chipset:         Qualcomm Snapdragon 800;                         quad-core Krait 400 at 2.2GHz,                                   Adreno 330 GPU, 2GB RAM
OS:                 Android 4.3 Jelly Bean (planned upgrade to 4.4 KitKat shortly after launch)
Camera:        20.7 MP, Carl Zeiss optics, optical image stabilization, autofocus,                         
                        LED flash,2MP front-facing
Video:            1080p @ 30fps video capture with both cameras
Storage:         16GB built-in, microSD card slot with support of up to 64GB
Connectivity:  NFC, A-GPS+GLONASS, WLAN (2.4/5Ghz) a/b/g/n/ac, microUSB 2.0 (MHL),                             BlueTooth 4.0 LE
Battery:           2,300 mAh
Misc:               FM Radio, built-in accelerometer, multi-touch input, proximity sensor
Colors:            Black, White, Pink, Lime, Yellow
After looking at the specs we can clearly see that Xperia Z1 Compact is a dream phone for the customers who believe 5 inch phones are too big. in fact, its Xperia Z1 with a better battery life(due to its 720p display).The Sony Xperia Z1 Compact is expected to hit markets next month. Its pricing wasn't specified, but its believed to be in between Xperia Z1 and its predecessor Xperia Z.