I think there were rumors going even higher since Apple is so often a premium priced product.
Matching their top competitor in price is a good look.
They could’ve absolutely floored everyone if it had been $1500, but there’s no way that’s possible, at least having margins anywhere near what Apple likes.
That's about $675k/year, assuming a 35% tax rate. I think that is a small fraction of HN users, but more to the point, if your argument is that the phone is not expensive if you make over $500k/year, I'm not sure that is a compelling argument...
The correct price comparison is between an iPhone Pro and an iPad Mini, in the US that would be $1199 + $599. So for an extra $200 you don't have to carry and charge 2 devices. Not a terrible pitch.
Sure, I guess, but I don't have a Mini, or any tablet for that matter. I used to and found the form factor didn't meet my needs. I'm happier with a phone and a laptop.
Edit: Wow, I didn’t know Samsung foldable was priced similarly. It’s a lot of money to pay for something inherently fragile.