I'm in New Zealand, so the dollar over here genuinely is a lot higher than a lot of countries. It works perfectly fine with me, good in the shed (i farm) and it's extremely reliable. Does what i want it to. Although i think it could have been lowered with the price a bit, my friend got the Sony Xperia Z1 for $999 and says that it's a lot better than the HTC ONE.
I also already have a decent laptop, but i'm rarely at home so the battery on it doesn't last me as long as a phone does. It's also more mobile. I'm not a big fan of computers, but everyone to their own.