You do know some of us have higher disposable incomes, and if one likes it, one can splurge.
My R11k coffee machine is never really going to pay itself off for 1 coffee a day, neither are the 3-4x vs normal price LED I spent on smart lights, nor the sofa that was quite a bit more than others, or my monitors that are R8k+, etc.
My phone was "cheap" at R7k about, this all European pricing; I use my phone at least an hour a day, based on my monthly income after tax and expenses, no real issue spending R37k on a phone if I wanted to as earn more than that within a month net after all costs, and the top flagships do make a lot better photos than alternatives (was using a S22 Ultra of a family member on a trip last month, it made noticeably better photos than my Nord, and can't always be lugging a DSLR around, always have a phone with so good chance I can actually take a picture when I come across something interesting/nice, and I'm not taking a DSLR hiking when I boulder sections).
Spending that much if your income is low, when there should be other priorities, sure, then you're an idiot, but if I can afford it without issues, why not?
And those who use those phones to make a living? Instagram photos, etc.? Those who use it for short films and stuff? You have no understanding of value, everything is perceived value, just because it's not justified to you, doesn't mean someone else can't justify it.