status symbold

How the iPhone Became the Perfect Status Symbol

Sandip Roy

I also refuse to use up my precious Internet bandwidth in India to watch the iPhone and iEverythingElse launch in far-off San Francisco, live on my Safari browser. What other status symbol inspires that kind of insanity? I just don't get it. Why are so many people watching the launch of a product that most of us cannot even afford, though Apple sales did go up 400 percent in India after it initiated its installment and buyback schemes?

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