I honestly wonder how many of the people that upgrade to the newest iPhone every year, actually get $1,000 worth of value from it.
I’d say most get that value. Value includes usability, productivity, and even social perception. Value is really personal. While I may not value the phone that much others do. Likewise they may not value what I spend my money on. What does bother me is people who pay $1,000 for a phone and then complain about not having money for school, rent, clothes, food or something else.