It makes sense that the first version of something like that is going to be expensive, though. And compared to some of the high-end smartphones of today, it was

It makes sense that the first version of something like that is going to be expensive, though. And compared to some of the high-end smartphones of today, it wasn't even that outrageous, was it? It was aimed at early adopters, which makes sense. If successful, prices would drop, cheap knock-offs would appear, and more people could afford it.