Sony took its flagship Xperia Z1, reduced its physical size and created the Z1 Compact. This version comes with nearly the same specs of the bigger Z1. That is the same waterproof coating, Snapdragon 800 processor and 2 gigs of RAM. The Z1 Compact also matches the Z1’s camera with the same 20.7 MP shooter with f/2.0 lens and Exmor CMOS sensor, which Sony promises is one of the best mobile shooters in the business.

The Z1 Compact’s only drop in specs is that Sony opted for a smaller, 4.3-inch display with 720p resolution. Sony also opted for a more colorful finish, and the Z1 Compact will ship in black, white, yellow and pink.

Finally, a mini version of a flagship phone that still has the flagship specs. This phone could sell like hot cakes.

Sony also announced the Z1s for T-Mobile. This has double the memory at 32gb of the standard Z1 and is now IP58 rated. This means it’s now waterproof instead of water resistant.