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Tim Cook: $999 is a ‘value price’ for iPhone X

The iPhone X has been getting a lot attention since it was announced last week with its eye-watering starting price. However, according to Apple CEO Tim Cook during a segment on Good Morning America, the iPhone X’s $999 cost is a “value price” for the technology it offers (via 9to5Mac.)

The comment came in response to a viewer-submitted question (around the 6:11 mark in the video) asking if Cook thought the price tag of the iPhone X was out of reach for the average American.

Cook’s answer mostly dodges that issue, and instead focuses on the fact that few people actually buy their phones outright, thanks to the plethora of installment, trade-in, and carrier-offered deals that might make the iPhone X more affordable.

“Well, it’s a value...

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