https://www.siliconvalley.com/2019/08/02/magid-there-are-good-reasons-that-apple-and-samsung-are-having-trouble-selling-their-most-expensive-phones/

I wasn’t surprised by the CNBC.com headline, “Apple and Samsung earnings show most people don’t want $1,000 phones.”

As nice as the iPhone 10x and Samsung Galaxy S10 phones are, most people don’t need to spend $1,000 or more on a smartphone. In fact, most people don’t need to spend anything on a new phone because their old one probably works just fine.