That totally blows my mind. Status doesn't let you live longer or, happier. People spend so much time worrying about what others think of them, that they live an unhappy life. Better to be happy than have a high rank in a social circle. Worst part is that if you fell on hard times, I can guarantee that not one person from those circles would lift a finger to help.
People bought fewer iPhones because they jacked the prices up and, didn't give anyone anything new that would justify such an increase. Thereby, negative return on investment. DUH! For people that are supposed to be smart, they sure say and, do some really stupid shit.