Look at the prices of the Iphone but individually the whole components used to make the phone itself cost 1/3 of the total phone cost. They are indeed inflating the prices. Whats wrong with pricing it at least twice the amount you spend to make the phone. So greedy these corporations SMH.
Stop buying it? Lols
It all boils down to marketing. It's super-effective. Look at them sheep line up as if entering an abattoir. Heck, I've even seen them keep vigil at night waiting for the store to open.
Funny that some decades ago it was Apple accusing PC users of being mindless, boring sheep...