Iphone Xe: C$ 1,379.00 are you kidding!

$1,400 for a portable phone that does little more than the old iPhone that I bought two years ago (I have an iPhone 6s), this is insane, what possible advantage will this phone bring that my phone doesn't have:

1. Its faster (ok I cannot tell the difference)
2. The camera is better (I don't really use the camera very much
3. The battery is twice as powerful (lasts just as long -- 10 hours) 
4. Screen is bigger (I don't want bigger)
5. iphone Xs has lighting jack -- (which Apple is ditching)
6. iPhone 6s has a normal jack (which is fine by me)

That's it!  All that for $1,379.00 (plus VAT obviously so a grand total of $1,613.43)

Ok so sometimes technology doesn't add value (to me at least)