Are Apple's new iPhones worth their price tag?

Apple (AAPL) launched four new iPhone models and announced updates to its Apple Watches on Tuesday. The iPhone 15 Pro Max debuts at $1,199, marking a $100 price increase. Yahoo Finance's Senior Tech Editor Dan Howley explores the reasoning behind Apple's price adjustments, the newest cutting-edge features, and what may prompt consumers to invest despite the whopping price tag.