There are those for whom the idea of listening to audio via a phone is painful to contemplate, as the lack of a dedicated high fidelity DAC will ruin the experience.  They will quite happily drop $200 on something like the FiiO M7 and consider it a bargain.  The device is also interesting technically, with a DAC and Exynos processor running it, which is why the device is somewhat interesting to non-audiophiles as well.   Check out Nikktech for a look at the interface, hardware and audio quality if you are curious.

It also has an FM receiver!

"It may not be the flagship music player in the entire High-Resolution lineup by FiiO but thanks to its Exynos 7270 Processor and the Sabre 9018Q2C DAC/Amp the M7 should have no problem satisfying even the most demanding audiophiles."

Here is some more Tech News from around the web:

Audio Corner