Apple dropped the headphone jack to sell you their overpriced bluetooth headphones. Pretty obvious.
Actually, compared to the competition, the AirPods are not overpriced. For what you’re receiving with the battery technology, simplicity of features and the portable battery charging case, I think the AirPods are appropriately priced when you consider what they deliver in capabilities and convenience. I can’t tell you how much I use my AirPods almost every day for workouts and they are an excellent accessory to the iPhone. There is a reason they are still highly popular even after being released over a year ago.