With flagship smartphone pricing finally hitting the $1000 threshold, there’s been a lot of hand-wringing. But these prices are sustainable. More important, they’re not really all that different from the situation a year ago.
And this is coming from the guy who routinely complains about high prices. But as is the case in, say, the automobile market where you can buy a perfectly good VW for thousands less than an Audi that utilizes many of the same parts and components, the smartphone market has quickly evolved to accommodate luxury products too.