You’re a year, or 33% off. The iPhone X was released in 2017 at a base price of $999, which is still the base price. But in 2017, you could get an iPhone 8 which had the same guts if you wanted. It’s still a fine phone and still highly recommended.
If you’re going to compare 2016 phones, which was the last year before the release of the higher-priced next gen iPhone flagships beginning with the X, you’d have to compare it to the Note 7, which admittedly was a flaming success! Lol. At least the iPhone 7 didn’t explode.
Well, this is of course a matter of point of view.
The iPhone 8 is definitely a fine phone. But we are in 2019 and nearly all phones you can find are fine ones, except perhaps for a few exceptions.
The higher-priced iPhone X was a business decision, a market gimmick of Apple to raise the price of its phones following its immense popularity.
The iPhone 7 was a lackluster upgrade to give room for Apple to release the almighty iPhone X at a higher price the next year, in a strategy of market segmentation that Steve Jobs despised.
Additional features were included in past iPhones at the same price base. The iPhone 4 introduced the Retina display at the same price point. Bigger and better screens came with the iPhone 5 and the iPhone 6. All at the same price points.
It is pretty clear that the iPhone X was the new real iPhone, and the iPhone 8 was just a carryover of the design of the iPhone 6, to optimize the supply chain and give room for an increase of price. When Apple did increase the price, it allowed the other companies to raise prices as well.
So, it is not just that the new price for flagship phones is $999. It was a deliberate business decision by Apple. I have no control over it, of course, and I had to swallow it, but I am not stupid to just believe that it was made in the best interest of the consumers.