Thank you for using so many words to reiterate what I wrote.
You asked: “I rarely care about Apple and their price point, I'd just like some justification on the pricing of the stand.”
I answered your question: “Apple could simply have included the stand and charged $6K for the monitor, and no one would have batted an eye. But most of the customers in the target market don’t need the stand, so that would be a waste. The few that buy it are going to cover all the costs of design, manufacturing tooling and other one-time costs. There’s no economies of scale when there's no scale.”
Thank you for acknowledging the time and effort I spent to educate you. It’s certainly nice of you to say. But my answer was rather incomplete. So in the interest of furthering your education, I’ll expand. No need to thank me again though, just knowing you’re so appreciative is all the thanks I need!
Apple is a huge company, and they have huge costs: 500+ retail stores, 140,000+ employees and billions of dollars per month—including $1.5 billion per month of R&D alone—in expenses. Those costs have to be amortized across the various products Apple sells.
Those costs aren’t so burdensome when the product sells tens or hundreds of millions per year. But if it sells in the thousands, it’s going to hurt, since that’s 10,000 to 100,000 times fewer. So not only are there few units to spread one-time design and manufacturing costs across, the same applies ongoingly, month in and month out, to overhead costs. It costs money to carry a product—throughout the entire length of its lifecycle.
This low-volume product may very well cost Apple $700 or more, fully burdened. (And don’t forget to include $200 for profit.)
PS Prior to answering, I believe I summarized your post quite succinctly: “Well run companies charge what the market will bear.” To the extent their all-in costs are less than $800, there’s certainly an element of that “because they can” premium you mentioned.
But ultimately, as I said before (but it bears repeating): The customers who buy it are willing to pay for it, so why should it matter to others (non-buyers)?