As iphones get more popular, it will lose its Veblen effect. When teenagers who have no job have iphones, it doesn't portray "wealthy" as it used to. Among my

As iphones get more popular, it will lose its Veblen effect. When teenagers who have no job have iphones, it doesn't portray "wealthy" as it used to. Among my 100k-300k/yr friends, it's about a 50/50 split. My tech friends nearly exclusively android, my wife's medical friends, iphones with a few exceptions. I'm personally loving my new phone I got last week. It has an aux port!