I agree completely. It is not that Samsung can't justify it. If any company can justify it, it is Samsung. When you buy the note 5, you don't feel like you got a hamstriged model, all for the sake of adding a gig of ram in next year's model. Samsung makes the best hardware, and their software is catching up.
But, my point is this: Jane and John Doe want new phones. They go to the carrier store sometime in the near future, when all contracts are gone and its all EIPs. Let's assume they are financially responsible, but not educstied on the nuances of smart phone tech. They look at the phones available (pretend that phones like the moto x style at available as a monthly payment plan, and their price isn't inflated at the carrier store). They see moto, Samsung, and Apple. Apple and Samsung have the coolest.displays and great looking devices, but that 30-45 dollars a month seems steep. The moto has this neat looking device, that you can customize, for half the price. They talk to the rep, who says "this and that may not be as good, but it'd a great phone, and you won't notice". John and Jane then leave with new motos, saving themselves money each month. Now we know that John and Jane are missing out on the Apple simplicity (less of a factor, stock Android is simple), or on the bleeding edge tech on the Samsung devices. But they don't know that, they don't care, they just want a phone for texting, Facebook, Instagram, etc. They then go on to enjoy their cheaper phones immensely, and repeat the cycle in two years.
The above scenario is likely to happen with younger couples that don't have a predisposition yet. But this won't happen anytime soon, until carriers start carrying these phones.
These cheaper phones are cheaper fornw reason. They run off a older, or cheaper tech. Years ago this would of meant a poor phone. But today, cell phone tech has surpassed the needs of the average consumer, and as such cheaper phones with good experiences now exist.
I personally think the note 5 is worth every penny, this phone is that good. It's so good, I won't be purchasing the next iPhone (unless they announce something unexpected, like Jedi powers, and then it would still need to be better than this phone for me to give it up.) I think the gear s2 will be worth the price as well.
I wish Samsung new tab s2 had the current exynos chip, as they would then be worth the price. But they have last gen tech, and thus the price seems a little high.
That said, I think the note 5 is worth its price. I think the gear s2 will be as well. Thee