JohnCoveredInBees

You could just as easily say an indicator of wealth is the ability to randomly dish out $1000+ (sometimes multiple times for various spouse and/or kids) is an indicator of wealth - regardless of what it is. Interesting though, since most of the time you get a huge discount/incentive price from your cell company to get whatever phone you choose, so most people don't even really "FEEL" the burn of buying the new phones. And what about owning an Android phone in the same price range? Is that somehow NOT an indicator of wealth?