Is owning an iphone just a status symbol?

Is it like owning beats by Dre headphones or Ray ban sunglasses or Sperry boat shoes?

I think it use to be a status thing, but now so many people have them, it doesn't even matter to most people.

EDIT: the iphone fad will die out as soon as the next "great thing" hits the market.

Beats may not be the best headphones or sperry the best shoes, but society has decided that people with items like this just seem "cooler." I agree they are status symbols, but hey, people like what they like.

Best hardware, best design, and by far the best security.

Having an iPhone is a status symbol. Everyone one wants to say that they have one because they think it's "cool" to have one.

Not anymore. Yes they are good but there are other options that are now better… Galaxy S3