So you bought an iPhone because of its "(product) design" (how it fullfill your needs) and not about "marketing" (how to define the markets for a product and why people in these marketing will buy it...).
As I understand it, for example, there's markets for "broken watches": it can be
* broken luxury watches: to have a "rich man look" without paying the full price
* for hobbyist watch-repair
* for professional watch ressellers (after repair)
* for educational / museum...
As far as design is concerned, the watch is broken. But it can be sold if you find who will buy it and why... and that's marketing
Jobs was a great designer too... (and/or knew how to hire great designers and let them get out the best of them)