If you like the colorful, customizable look and feel of Motorolas flagship Moto X but want an even cheaper version of it, the smartphone makers got you covered. Motorola just unveiled the Moto E, which packages the Android 4.4 experience inside of a bright, durable shell for $129 with no contract. Although the Moto E will appeal to bargain hunters in the U.S., the companys goal is to help feature phone owners step up to a smartphone across the world.No matter where you live, youll appreciate the durability features of the Moto E, which features a scratch-resistant Gorilla Glass 3 display and water-resistant splash guard around the body.