On the topic of status symbols: Anything described as the newest, latest, greatest, artisanal, priciest can be a status symbol in some social circles. That said an iPhone is a pretty subtle one. Expensive jewelry, shoes and clothes are much more obvious if your goal is to broadcast your ability to afford expensive things. Where I live people generally don’t care what kind of smartphone you have, but if anyone judges you it will probably be negatively for buying something they see as overpriced. There are people around here with money, but it’s not a place where those with a lot of money tend to flaunt it... unless it comes to outdoor gear (I live in the Pacific NW, in a small city). It’s not unusual for people around here to have mountain bikes that cost more than their cars. If someone recognizes your bicycle as expensive, they are probably a bit into bikes themselves and they will just see you as being really devoted to biking. What makes the iPhone X different is that the price is so widely known (even among those who do not keep up with the smartphone market), but the features and specifications are not. To most people it’s just an overpriced iPhone, but to me it’s not. I don’t really care whether someone judges me for owning one. Besides, most people don’t pay such close attention to the smartphones of others. At least not in my social environment. We live in a time when so many walk around with little black rectangles in front of their faces. How often do you ever examine one closely enough to see what kind of phone it is... especially when so many are in cases that obscure the brand and model? We all get to decide how we spend our money on such things, and it’s important to be confident enough in yourself to decide that you’re buying it for you and you don’t care what anyone else thinks... regardless of which model iPhone (or Android) you buy. Discussions on sites like this are helpful for others who are trying to decide whether to buy one model or the other, but they become less helpful when we speak in absolutes (this iPhone is better than that iPhone), make assumptions/generalizations about each other, and when we assume others value an iPhone for exactly the same reasons we do. You can ask 10 people what they use their smartphone for the most (and what they like most about it) and get 10 different answers. Some will think the price of the iPhone X is not worth it for their purposes and others will. Everyone might pay the same price for an iPhone in their market, but the value provided will vary person to person. The iPhone X isn’t the right iPhone for everyone. It is for me, and the price was not a showstopper even if it was more than I paid for my previous iPhone.