Are iPhones for people or families with a lot of money?

I hear this a lot, "oh you have an iPhone you must be rich." Its true my parents make well over 150k year and all 5 of us have iPhones and I live in a wealthy town where nearly everyone has an iPhone but they aren't that much $ especially since you could get an iPhone 4 for FREE. So why do people have these preconceived notions that iPhones are reserved for the rich?

They are "high end middle" in the line of very cheap to private Satellite systems

you are well off but NOT rich by any means
Romeny has assets of possibly 1/4 Billion

if he gets only 1% ( a vey small amount of interest) that is 2.5 million much more than 0.15 million

It's a joke. 99% of people who have iPhones are not rich. And everyone knows that, since everyone has an iPhone.

Iphones are for technologically inept people. People like your grandma who aren't very good with computers and such. They just want a locked down device where apple dictates how to use their phone. Android phones are vastly superior. Think the Galaxy Nexus, Galaxy S3, Droid RAZR, HTC One X etc.