I'm not saying it's a Veblen good. I'm saying that even though the demand drops as the price goes up, it may well not drop so far that it's a loss of net profit

I'm not saying it's a Veblen good. I'm saying that even though the demand drops as the price goes up, it may well not drop so far that it's a loss of net profit to sell at high margin. They do, after all, have a monopoly on the good. If you're saying that even holding a monopoly, the most profitable price point is at market saturation, I'd need to see something backing that. And also what you mean by market saturation; the cost of parts for an iPhone 11 Pro is estimated to be ~$490. The list price is, what, $1100? You're basically saying that either they've already achieved market saturation, and would gain no new customers dropping the price to $600 (parts + $100 for distribution, assembly, etc), or that they're leaving money on the table. I find both of those very hard to believe. So maybe I'm misunderstanding you?