It's too bad that the amount of horsepower doesn't seem to have a meaningful relation with the actual value of the content, unfortunately.
With all due respect, I don't think that is absolutely true. Gen X or earlier want distinctive photos or films, though many don't want to study for 4 years to learn it, (though some do).
I live in London and Santa Monica which has a lot of tourists. Obviously most are using a phone doing selfies or images of landmarks, but in the last three years I've seen more of the starting generation of image makers carrying dslrs. Now I don't stand on the corner with a chart keeping a record, but I have noticed it rather dramatically. It is always a Nikon or Canon and last week noticed for the first time someone using a mirrorless camera, not that I don't think it's happening.
My point about the new I-phone is it has a lot of tech in it and can do a lot for someone that wants to map out an image, relight the face, change the color and make it unique to them. Some look very good.
IMO
BC
PS I don't use my phone for anything but snaps or location images, but the new phone looks interesting and $1,700 for a camera phone is high, I have viewfinders for my RED's that cost more, so there is a big change coming and this looks like a tool that can be used.