Is it the same as a Galaxy S6? No. But if I break it, I can buy 5 more and still come out ahead.
Sometimes, you just pay more for higher profit margins.
Yes, but where is that money going?
Winston Brooks, superintendent for Albuquerque Public Schools, makes $250k a year as of 2013. APS teachers averaged closer to $43k last year. According to CNN Money the poverty rate (lowest 15% of income) in 2013 was on the order of $51k nationwide.
Um, according to the article you cited, $51K was the median household income in the US in 2013, not the poverty line. FTA: "Those making $23,492 a year for a family of four, or $11,720 for an individual were considered to be living in poverty."
If it's worth hacking on well, it's worth hacking on for money.