It amazes me what people will burn money on. You'll appreciate this...I noticed a hoopty on blocks at run down apts across from where my son lives. I asked him...what's up with that? He said, Oh, the guy had a set of those spinners on the car and sombody stole the wheels.
Given that cell phones are easy to steal, drop/break or lose I think it's nutty to pay gobs of money for one uless it's a necessary tool. Granted, they are insurable, but you still have to pay the deductable and that would buy almost a week's worth of groceries for me or pay my phone bill for a month.