1 Simple Reason That a $1200-Plus iPhone Makes Perfect Sense

1 Simple Reason That a $1200-Plus iPhone Makes Perfect Sense

This year, Apple (NASDAQ: AAPL) seems to have surprised some potential iPhone customers with the introduction of the iPhone X. Over the last few iPhone generations, Apple's priciest iPhones sold for between $949 and $969 for the fully loaded Plus variants.

Image source: Apple.

The iPhone X, on the other hand, starts at $999 and goes to $1149 for the version with upgraded storage.

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Source: Fool.com