“Well”, said Tim Cook, “that’s because the iPhone replaces a whole bunch of devices. A phone, a camera, a watch, a music player, a video player, a PDA, a voice recorder, a GPS navigator, a flashlight, a calculator, a portable gaming console, and many other things. Surely, a high price is worth paying to replace so many devices!”
“Then why are Androids so much cheaper?”, asked the journalist.
“Because,” said Tim Cook, “an Android replaces just one device. The iPhone.”