Its still unbelievable to me how much these phones cost. It feels like a bubble itself, but a bubble of consumer spending. Someone tell me I'm wrong, but it f

Its still unbelievable to me how much these phones cost. It feels like a bubble itself, but a bubble of consumer spending. Someone tell me I'm wrong, but it feels like eventually people will realize that they don't need the newest phone to check facebook and instagram. I think we've reached the point where consumers no longer need a "faster" computer (at home or in their hands), but we've been trained over the last 30 years to just think newer=faster and faster=better. I had a Galaxy S4 that I bought in 2013 that I was still using until a few months ago. The main reason why I bought a new phone was I wanted to change networks, as the S4 was locked into the sprint network. If the S4 would work on any network, I would probably be able to use it until both my batteries had degraded enough to affect functionality. Who knows, that could have been another 2-4 years.