Yes. Because most people don’t want to spend USD 1000.
I thought it was because they were 'cash starved'? Not wanting to spend 1000 dollars and not having 1000 to spend are two different things. Did it ever occur to you that a lot of people are sensible and realize that a 1000 dollar phone is a waste of money and they'd be equally served by spending 750? Or do you live in a bubble where you think that you need to have the 'best' phone in order to impress?
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