Good is better, better is
I paid $450 cash for my S9+I agree that price sensitive doesn’t mean poor.
However, Android users using their money smartly? If that’s the case, nobody would buy the overpriced Samsung Galaxy S9 when, as you stated, a $200 phone does the same thing. Samsung flagships are up there in the $800 -$1k price range. If Android users are smart with their money, Samsung won’t be the biggest Android OEM.
It’s all about brand. Apple and Samsung are the top brands, and consumers, regardless of platform, gravitates towards the top brands. Simple as that.