I'd be ok with a $1500 phone, if, it lasted as long as a computer/laptop I could purchase at that price range. But who are we kidding, I'll ride it out for 4 years on my current phone, the previous phone, and the next phone.
I don't know how the majority of people out there can afford a new phone every year (without subsidizing it).
Everytime a new iPhone comes out, we buy one for our CEO, and his assistant (they're mobile and use their phones for a solid 8 hours a day). Besides that my old brick does just fine.
I'm just blown away at the increasing prices.