When someone rents/buys a store and purchases fixtures for it to set up a business, they would consider it an investment. No one would consider it to be outrageous. However, when developers spend a little more money to purchase a high-end laptop, it is often considered an unnecessary expense. I believe this has to change.
My first smartphone was a Nokia Symbian – back in 2011. I loved the fact that we could install “real” software aka apps on a phone!