It will become obsolete even faster
If it was Android at least you might be able to hack the bootloader and install generic Linux on it when the vendor no longer supports it. Why should the vendor of a phone that costs this much support it for longer than a year - if you are rich enough to buy it, you are rich enough to buy a new one next year!
Hard to see this competing versus the companies that will take an ordinary iPhone or Samsung Galaxy and replace the case with something made of gold or t.rex skin and mark it up to 10x their cost.
Biting the hand that feeds IT
