[cylinder714]

What could a $1200 device with 256 gigabytes of storage do that another high-end phone cannot do? You're constrained by the form factor. The only other devices with specs like that are notebooks.

I don't really expect Apple to come out with a convergence device like the Ubuntu phone or Windows Continuum, but I don't know what else a phone could do to justify the price.

[Someone]

$1200 (plus taxes and shipping) 'buys' you http://www.red.com/hydrogen, which promises 'holographic multi-view content' without the use of glasses or headsets.

That's a product nobody can beat on features for the next six months because nobody knows what exactly it can do, but it could be worth both the wait and the price.