iPhone X For $999 is the iPhone X popular amongst wealthier people in society?

[aakshey]

FYI the definition of a millionaire:

Somebody who has at least USD 1m in liquid investible assets excluding their house.

However, normally, in casual lingo, when you talk of somebody rich aka a millionaire, you’re usually referring to a person whose pre tax net income is at least USD 1m per year.

If you use the first definition, then I’d guess probably 10%+ people in USA would have a X. In the second case it would be at least 30%+.

In other countries the figures would be much lower.

To put in perspective, in India, >80% of smartphones sold above USD 500ish are iPhones. Yet, the total market share of iPhone in India is less than 1%.

 

[Hieveryone]

Who cares? I used to know someone that lived in a dump and drove a very very expensive car. Pretty much anyone who really wants it can buy an X. Some rich people don't show it.

But what about the flashier millionaires?
[doublepost=1527013911][/doublepost]

This is hilarious, in a long line of hilarity from this poster.

If a person is truly wealthy and busy, they have assistants, not a cell phone to handle their schedule. Otherwise it’s all calendar appointments which is exactly how all of us use our phones for scheduling.

What if the millionaire isn’t busy? Like they inherited it and don’t do much. Or what if they just like managing their own life and don’t want a personal assistant?

 

[C DM]

But what about the flashier millionaires?

They are all probably hanging out at MillionaireRumors.

 

[NT1440]

What if the millionaire isn’t busy? Like they inherited it and don’t do much. Or what if they just like managing their own life and don’t want a personal assistant?

Who cares what a trust fund baby does?

 

[apolloa]

But what about the flashier millionaires?
[doublepost=1527013911][/doublepost]

What if the millionaire isn’t busy? Like they inherited it and don’t do much. Or what if they just like managing their own life and don’t want a personal assistant?

I have got to say, the more posts and replies you make, the more it seems to come across that your attempting to convince us the iPhone is a rich persons phone, one for the elite high earners?
Millionaires really on the whole don’t care about their phones as much as you do. That’s the way it is. They don’t rush out and buy an X just because it’s an X.

Because you have an iPhone of any type does not mean in any way shape or form your rubbing shoulders with millionaires.

 

[NT1440]

I have got to say, the more posts and replies you make, the more it seems to come across that your attempting to convince us the iPhone is a rich persons phone, one for the elite high earners?
Millionaires really on the whole don’t care about their phones as much as you do. That’s the way it is. They don’t rush out and buy an X just because it’s an X.

Because you have an iPhone of any type does not mean in any way shape or form your rubbing shoulders with millionaires.

This has been his schtick for years now. I always check his threads out because it’s funny how superficial they come across.

As for phones, unless the wealthy person is a tech guy I doubt they care at all what phone they’re using day to day. If your truly wealthy you’d be a fool for thinking a cellphone is a status symbol. That’s what absurdly expensive suits and cars are supposed to show, nobody cares what kind of phone someone is using.

 

[NorthSeaBeach]

But what about the flashier millionaires?
[doublepost=1527013911][/doublepost]

They probably buy a Vertu or similar and not a cheap 1K phone that most people can afford.

 

[Hieveryone]

This has been his schtick for years now. I always check his threads out because it’s funny how superficial they come across.

As for phones, unless the wealthy person is a tech guy I doubt they care at all what phone they’re using day to day. If your truly wealthy you’d be a fool for thinking a cellphone is a status symbol. That’s what absurdly expensive suits and cars are supposed to show, nobody cares what kind of phone someone is using.

Well maybe.

I personally don’t believe absurdly expensive suits and cars necessarily show wealth.

Let me give you a brain teaser:

If a person buys a $25,000 suit, but it’s with a loan, is he really rich?

Or if he buys a $500,000 car, and it’s with a loan and one day he defaults on the payment, is he rich?

Think about it.
[doublepost=1527015674][/doublepost]

FYI the definition of a millionaire:

Somebody who has at least USD 1m in liquid investible assets excluding their house.

However, normally, in casual lingo, when you talk of somebody rich aka a millionaire, you’re usually referring to a person whose pre tax net income is at least USD 1m per year.

If you use the first definition, then I’d guess probably 10%+ people in USA would have a X. In the second case it would be at least 30%+.

In other countries the figures would be much lower.

To put in perspective, in India, >80% of smartphones sold above USD 500ish are iPhones. Yet, the total market share of iPhone in India is less than 1%.

I think being rich is AT LEAST 3 million and that’s only if you live in like Atlanta maybe.

In New York, probably not so much.

A million a year is definitely very good but only 1 million, eh.

 

[NT1440]

Well maybe.

I personally don’t believe absurdly expensive suits and cars necessarily show wealth.

Let me give you a brain teaser:

If a person buys a $25,000 suit, but it’s with a loan, is he really rich?

Or if he buys a $500,000 car, and it’s with a loan and one day he defaults on the payment, is he rich?

Think about it.

I don’t have to, I simply don’t care about people with a pathological need to make people “respect” them based on money.

When I do feel for them, it’s pity.

 

[C DM]

Well maybe.

I personally don’t believe absurdly expensive suits and cars necessarily show wealth.

Let me give you a brain teaser:

If a person buys a $25,000 suit, but it’s with a loan, is he really rich?

Or if he buys a $500,000 car, and it’s with a loan and one day he defaults on the payment, is he rich?

Think about it.
[doublepost=1527015674][/doublepost]

I think being rich is AT LEAST 3 million and that’s only if you live in like Atlanta maybe.

In New York, probably not so much.

A million a year is definitely very good but only 1 million, eh.

Seems like the same would apply to something like phones too.

 

[44267547]

Well maybe.

I personally don’t believe absurdly expensive suits and cars necessarily show wealth.

Let me give you a brain teaser:

If a person buys a $25,000 suit, but it’s with a loan, is he really rich?

Or if he buys a $500,000 car, and it’s with a loan and one day he defaults on the payment, is he rich?

Think about it.
[doublepost=1527015674][/doublepost]

I think being rich is AT LEAST 3 million and that’s only if you live in like Atlanta maybe.

In New York, probably not so much.

A million a year is definitely very good but only 1 million, eh.

I really think you’re getting off track with your _own_thread, and to be honest, your above examples are not very well thought out and they don’t make much sense. I said it once before, A smart phone does not define the status symbol of wealth in society today, you don’t need much credit to actually achieve the latest smart phone, regardless of how expensive it is. Especially given that you have those who make payments versus purchasing them out right.

 

[apolloa]

This has been his schtick for years now. I always check his threads out because it’s funny how superficial they come across.

As for phones, unless the wealthy person is a tech guy I doubt they care at all what phone they’re using day to day. If your truly wealthy you’d be a fool for thinking a cellphone is a status symbol. That’s what absurdly expensive suits and cars are supposed to show, nobody cares what kind of phone someone is using.

I don’t know what to think of people who can’t comprehend the fact Apple is not some sort of Uber luxurious brand, and your really not buying things the rich do if you own their devices.

 

[Hieveryone]

I really think you’re getting off track with your _own_thread, and to be honest, your above examples are not very well thought out and they don’t make much sense. I said it once before, A smart phone does not define the status symbol of wealth in society today, you don’t need much credit to actually achieve the latest smart phone, regardless of how expensive it is. Especially given that you have those who make payments versus purchasing them out right.

Yeah I feel like I’m off topic in some ways and don’t think I have anything more to add to the discussion without repeating myself.

Here’s what I think and have learned from this thread:

You don’t really need to justify, necessarily, the purchase of an iPhone X beyond being able to afford the monthly payment.

So whether you have an incredible social circle with impressive people or no friends at all,

whether you’re banking involves millions or don’t even have a bank account,

whether the pictures you take are with models or of nothing more than your flower garden

A person who can afford the monthly payment can justify the iPhone X.

 

[dontwalkhand]

This is hilarious, in a long line of hilarity from this poster.

If a person is truly wealthy and busy, they have assistants, not a cell phone to handle their schedule. Otherwise it’s all calendar appointments which is exactly how all of us use our phones for scheduling.

Exactly this. If anything they're just using a calendar that the assistants already put in their appointments in for them. Which is exactly what you think it is. It doesn't matter what phone, they're using they're usually busy people.
[doublepost=1527032949][/doublepost]

Yeah I feel like I’m off topic in some ways and don’t think I have anything more to add to the discussion without repeating myself.

Here’s what I think and have learned from this thread:

You don’t really need to justify, necessarily, the purchase of an iPhone X beyond being able to afford the monthly payment.

So whether you have an incredible social circle with impressive people or no friends at all,

whether you’re banking involves millions or don’t even have a bank account,

whether the pictures you take are with models or of nothing more than your flower garden

A person who can afford the monthly payment can justify the iPhone X.

If you enjoy the device, that is all that matters. The reason why some rich people choose to stick with the 5S, is because they like the phone. Honestly thats all the reason a person needs.

 

[Hieveryone]

So let me give an example:

Let’s take a guy named “Joe”

He’s not a millionaire. In fact he’s far from it. He works a minimum wage job, is single with no friends, lives in a mediocre apartment, takes a course or two at the local college, and has a cat.

He’s able to make the minimum monthly payment for the iPhone X, although he doesn’t really text anyone or go out much, doesn’t take pictures beyond his cat, and basically uses the iPhone X as his main internet device, phone calls when need be maybe to refill a prescription or something, and for watching YouTube videos.

Now let’s take “Mark”

Mark is a millionaire, hangs out with models, travels the world, eats at fancy restaurants, handles his financial stuff, and so on.

He takes pictures of his grand life, and uses his iPhone X for staying in touch with these beautiful models or inviting them over sometimes, taking pictures of fancy travels and dinners, and uses the banking apps to keep tabs on some or all of his finances.

Of course, Mark the millionaire, can easily pay the ~$1,000 price for the iPhone X.

IN CONCLUSION

What I’m seeing is this:

Mark isn’t any more justified in owning the iPhone X than Joe.

EVEN IF

Mark uses his iPhone X for more of a grandeur life.

WHY?

Because both can afford it regardless of the life they live.

 

[C DM]

Yeah I feel like I’m off topic in some ways and don’t think I have anything more to add to the discussion without repeating myself.

Probably because there really isn't much to say at this point, as there really wasn't much to say even in the beginning.

 

[dontwalkhand]

But what about the flashier millionaires?
[doublepost=1527013911][/doublepost]

What if the millionaire isn’t busy? Like they inherited it and don’t do much. Or what if they just like managing their own life and don’t want a personal assistant?

Then they’ll use an iPhone exactly how anyone would use an iPhone. Most do already.

Flashier types would just be on Twitter and Facebook more flashing it there about what exclusive club they’re in.

 

[boltjames]

I'm a multi-millionaire and I have 4 iPhone X's.

It's an exclusive luxury.

 

[C DM]

I'm a multi-millionaire and I have 4 iPhone X's.

It's an exclusive luxury.

That plenty of those who use cell phones can have and many do (most without being anywhere close to millionaires). Not much exclusivity there.

(And we are back to our regular programming.)

 

[Clix Pix]

So let me give an example:

Let’s take a guy named “Joe”

He’s not a millionaire. In fact he’s far from it. He works a minimum wage job, is single with no friends, lives in a mediocre apartment, takes a course or two at the local college, and has a cat.

He’s able to make the minimum monthly payment for the iPhone X, although he doesn’t really text anyone or go out much, doesn’t take pictures beyond his cat, and basically uses the iPhone X as his main internet device, phone calls when need be maybe to refill a prescription or something, and for watching YouTube videos.

Now let’s take “Mark”

Mark is a millionaire, hangs out with models, travels the world, eats at fancy restaurants, handles his financial stuff, and so on.

He takes pictures of his grand life, and uses his iPhone X for staying in touch with these beautiful models or inviting them over sometimes, taking pictures of fancy travels and dinners, and uses the banking apps to keep tabs on some or all of his finances.

Of course, Mark the millionaire, can easily pay the ~$1,000 price for the iPhone X.

IN CONCLUSION

What I’m seeing is this:

Mark isn’t any more justified in owning the iPhone X than Joe.

EVEN IF

Mark uses his iPhone X for more of a grandeur life.

WHY?

Because both can afford it regardless of the life they live.

Hi, Joe! What's your cat's name?

 

[macfacts]

... What I AM asking, if there's data out there, is what is the smartphone choice of millionaires? Meaning which smartphone do millionaires buy most?

MY GUESS: IPHONE X

I would say your guess is right but not because of any reasons you may have thought of. A popular phone is a popular phone. Just cause someone is rich doesn't change that. You also acknowledged that anyone can get the iPhone x on a monthly installment plan, so cost isn't an issue if someone wants it.

What is the hypothesis you are trying to prove with the evidence (iPhone x is popular among rich people) you are looking for?

 

[The-Real-Deal82]

It’s an expensive phone at £60+ a month or £999+ but I think it depends on the individual and their priorities. All the wealthy people I know use older iPhones.

If you have very few outgoings and work then it’s easily affordable I’d say. There is the point that just about anybody could buy one on a credit card whether they can afford it or not too. I don’t think any particular demographic can be pin pointed for it being more popular amongst.

 

[bushman4]

$999 iPhone isn’t exactly a millioeires IPhone it’s a high end blue collar phone as most deals are paid off monthly people never pay that price
Regardless the iPhone X was created for everyone

 

[rsrocha]

I work with a lot of people being "new" and "old" milloinaires owning 10+ million. I can say for sure that these people dont care what phone they use and many of them even dont want to carry a mobile phone. Real millionaires live in their own world and they set apart from others with the exclusivity factor. They want to have the things that no one can have, specially, other millionaires. Now that is what being a millionaire is about.

I know what you mean, "flashier millionares" are just poor people that whenever they get hold of something expensive (for them) want to show everyone that they have it.

Trust me, flashing your phone just to try to show you are rich just makes you stupid!

 

[Newtons Apple]

I work with a lot of people being "new" and "old" milloinaires owning 10+ million. I can say for sure that these people dont care what phone they use and many of them even dont want to carry a mobile phone. Real millionaires live in their own world and they set apart from others with the exclusivity factor. They want to have the things that no one can have, specially, other millionaires. Now that is what being a millionaire is about.

I know what you mean, "flashier millionares" are just poor people that whenever they get hold of something expensive (for them) want to show everyone that they have it.

Trust me, flashing your phone just to try to show you are rich just makes you stupid!

I agree and anyone who travels with people who are comparing phones all the time . . . well time for new friends.