Ah, but that's just it - I didn't pay $1000 for it. I pay monthly installments over two years, which is how long I expect to have the phone. At the end of the t

Ah, but that's just it - I didn't pay $1000 for it. I pay monthly installments over two years, which is how long I expect to have the phone. At the end of the two years I'll sell the iPhone X for ~$400 I expect and upgrade to whatever is newest at the time. I consider it more of a "self-administered lease" than a purchase. My total cost for the device will end up being about $600 over two years, or $25 / month.