Well, this one folds, so you get a much larger screen surface that still fits in your pocket. And $200 won't get you that from any vendor. And while the low end phones have gotten amazingly good, a flag ship will still have a much better camera, better screen, better battery etc. If that's worth the price is a decision everyone has to make for themselves.

Sidenote, I've not had a single one of my smartphones crack a screen since 2008 when I got my first smartphone, take that for what it's worth.