Well above the $7.25/hr minimum wage then, and still above the $15-20 estimated average hourly wage for US workers. So iPhones are a status symbol for people l

Well above the $7.25/hr minimum wage then, and still above the $15-20 estimated average hourly wage for US workers. So iPhones are a status symbol for people like your friend, who are making more money than the average citizen, if that clears it up for you.