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Apple is a company that’s well known for pushing the price envelope. It commands a price point and profit margin for the iPhone, iPad, iMac, and MacBooks that other companies could only dream of for their products. But Samsung has beaten Apple at its own game by unleashing on the world a $1,250 Galaxy Note 9 and kicked off a price war which, rather than resulting in lower prices, I see leading to a $2,000 iPhone.

But would anyone spend that sort of money on an iPhone? I think enough people would if the specs were right.

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Let’s take a look at the iPhone X pricing structure, and compare it against the Galaxy Note 9.

The 64GB iPhone X has a contract-free price tag of $999, rising to $1,249 for the 256GB variant.

Samsung’s pricing for the Note 9 is more aggressive in both directions. First off, the base 128GB model comes in at $999.99, giving buyers twice as much storage as the base model iPhone X offers, along with the microSD card expansion option.

On the other end of the spectrum is the 512GB model, with comes in at $1,249.99. So for $250 more, those opting for the higher Note 9 model will enjoy half a terabyte of storage, 8GB of RAM, and have the ability to bump that storage up to a whole terabyte if they throw in a 512GB microSD card (a 512GB microSD card retails for around $350, so they’re not cheap).

So the bottom line is that the Note 9 offers more for the same price as the…