> I have the opposite perception of prices. I can buy a $700 to $1,000 iPhone 13 mini or iPhone 13, and I know it will work well and receive software updates for at least 5 years.

If you bought a mid-end Android each ear for the past year, you'd spend half the cash and you would always have up-to-date software.

The hard truth about iPhones is that they are way overpriced, and are a Veblen good.

Think about it for a second: Apple sells it's phones for a higher price than their fully featured and also overpriced laptops.