> Would anyone buy an iPhone that starts at $1500 or $2000? Probably, yeah. It doesn't seem like people mind paying $1000. It would just make it even more of a

> Would anyone buy an iPhone that starts at $1500 or $2000? Probably, yeah. It doesn't seem like people mind paying $1000. It would just make it even more of a status symbol. Are iPhones a Veblen good?