>But all those companies also sell budget phones that are very affordable. It's only Apple that refuses to sell budget phones. In fact, even Apple's cheapest phones (SE models) are unaffordable for daily wage earners in many nations of the world.

90% of everything most Americans buy is unaffordable for daily wage earners in many nations of the world.

If I live in America (or a similarly developed country), then that definition of "prestige" is useless.