With apologies to Jedi Master Qui-Gon Jinn, “Your use case determines your reality.”
@Sensamic I agree with others in this thread that what individuals choose to do with their own money is their business. That said, whether something is a
waste of money is not tied to whether someone has the right to spend that money on that thing.
In my own case, I don't own an iPhone, but I do own a Samsung Galaxy S20 Ultra, which is a flagship model phone, not unlike the iPhone 11, 12, and 13 have been (and that the 14 will be). As you are no doubt aware, there absolutely are significant differences between a "cheap" Android-running phone and a flagship model, differences of a type which don't apply to iPhones. That's the long-winded way of saying it may be easier to justify buying an flagship model Android phone than an iPhone, but nevertheless your point applies equally in both situations.
I really like my S20 Ultra, and Samsung has been great about pushing out all the OS updates as well as security updates for it. Somewhere along the way, they managed to permanently bork my WiFi Calling capability. While I'm not happy about that, it's not mandatory for me, and the phone works perfectly well otherwise.
So, to apply your question to me personally, absolutely yes there comes a point when it's too much. I would not spend $2000 on a phone. In fact, come to that, I would not spend that much on a computer.
Let me turn the question around for the OP and everyone else: Would there come a point where gasoline would cost you more than you were willing to spend? I mean, is gasoline worth say $15 a gallon? $20? $50? Even if you could afford it, is there a point where you'd be willing to abandon your vehicle? Now, I get that that isn't exactly an apples-to-apples comparison, but nevertheless arguably
everything has a finite limit on acceptable pricing.
