alt Hacker NewsBrand name? Apple is a faux-Veblean good targeting lower middle class people, moms, and teens (Who pretend the $50/mo payments are expensive).
Its a demonstration of wealth.
Brand name? Apple is a faux-Veblean good targeting lower middle class people, moms, and teens (Who pretend the $50/mo payments are expensive).
Its a demonstration of wealth.
I don't think the sell through of Android phones to the wealthiest has been all that high. Celebs, top business execs, even heads of nations state are most often seen with Apple devices in their hands.
I'm sure not in every case, but even as far back as 2018 the trend line of wealth and iPhone ownership was high. Even today most app store developers admit that iPhone users tend to have more disposable income by a good margin.
Really, when I do a cursory google search of wealthy public figures that include them holding their devices, what I can find is they're clearly holding iPhones most of the time.