One of the key things I feel like I learn from Steve Jobs is that while he may have been niche-focused at one time, he seems to me to have either intuited, or rapidly learned, that actually there's a very broad audience that values high-quality products. It's easy to forget that the "cheaper is better" pessimistic view of consumers is very strong, and that can become very cynical in a product company.

Deciding to trust the good judgment of your customers and put faith in your ability to appeal to their sense of value, rather than simply their cost-watching ability, is a brave and bold move. I think it is awesome that it turns out to pay off.