Yes. hat isn't very deep at all. You really have to pay attention with measurements. The one I am watching is much deeper, at 4 inches, but now I am worried. I think I will just be happy with my cross body Fallon for now. I have my eye on that Collette! lol! There's no end to this.I forgot to address the size issue in measurements.
The dimensions you stated are correct for the one I got except for the depth. Here they are:
100% Authentic Michael Kors Leather Fallon Large Shoulder Bag Hobo
Silver tone hardware
Silver brass MK charm
Zip top closure
Interior zip pocket w/ clip attached, Cell phone and 3 multifunction pockets
Front zip pocket Shoulder strap with 8" drop
13" W x 10.5" H x 1.5" D
Dust bag included
So I think it was the 1.5 depth that made it feel small. I really liked the width and height.