Last month, Apple CEO Tim Cook said the $1,000 sticker price for the base model of iPhone X, the latest flagship smartphone from the company which goes on sale next month, is "a value price for the technology that you're getting." An anonymous reader writes: I simply don't understand why anyone would want to spend such amount on a phone. Don't get me wrong. Having a smartphone is crucial in this day and age. I get it. But even a $200 phone, untethered from any carrier contract, will let you install the apps you need, will allow you to take good pictures, surf the web, and listen to music. That handset might not be as fast as the iPhone X or Samsung's new Galaxy Note 8, or it might not be able to take as great pictures, but the difference, I feel, doesn't warrant an additional $800. The reader shares a column: When considering a purchase, comparing the value a product will add to our lives, and its cost is wise. Subjective perceptions affect how we value possessions, but let's consider the practical value of how we use smartphones. Smartphones aren't used for talking as often as the phones that preceded them were. In fact, actual "phone" use ranks below messaging, web surfing, social media and other activities that dominate smartphone usage. Furthermore, statistically we use only six core apps regularly. [...] My point is, smartphones have't changed all that much relatively speaking. Sure they're bigger, faster, more powerful and have awesome cameras. But the iPhone X is fundamentally the same device the earlier iPhones were, and provides the same basic and sought after functions. It's a glass-covered rectangular slab mostly used for messaging, web-surfing, music and social media activity. An individual's perception of self, financial resources, desired or actual social position and love for tech will likely play a role in his perception of the value of a $1,000 smartphone.