Not when you look at the cost of the parts being used, which are, with the knowledge so far on 'all' the previous iPhone models, way beneath the actual cost of the given device.
In short, the iPhone is a wonderful piece of technology and I've no doubt this iPhone 8 will fall within the same category, but to claim that an smartphone is genuine well worth $1000,-, or even more, is like stating that Trump has enough intellect to be a president of the United States.
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No, Apple isn't like Ferrari. Because a Ferrari comes with a cost but last for decades. The iPhone comes with a higher prize tag and last for a few years before it becomes obsolete.
[doublepost=1494745863][/doublepost]I don't mind that Apple., or any phone company, is charging that much money for a smartphone. They are free to do so. Just like I'm free to decide that the cost of a $1000,- + smartphone doesn't match up with the value you get for it. The 'highest end' iPhone becomes more and more a smartphone for the elite, the rich folks who couldn't care less and just like to pay extra money because of the branding that comes along with it, like people willing to pay extra bugs for a leather bag which is the same leather as other leather bags but has a more famously known brand behind it.
It's just a matter of perception and what you, as a person, would willingly like to pay for a smartphone. I always buy a iPhone for myself and my girlfriend, but I'm not going to spend more then €2000,- euro's for two replacement smartphones knowing I could make a great vacation trip with that kind of moneyer buy a laptop with it which gives us even way more power for it's money then any smartphone out there.
I'll probably go with the iPhone 8 tough, but after the iPhone 9 has been released and the iPhone 8 will get a prize tag that does justice for the actual cost to make the device.