People spend way more than that on TV's. Does that make a TV a luxury item?It seems cheap to use because we are used to buying such high dollar items but to the mainstream public (non-Apple fanboys) $500+ is a LOT of money.
And FYI, I don't spend money on any "high dollar items" seeing as most of the time they are just class symbols. I worked for an entire summer to by my MBP in front of me today....and its worth more than just about everything else I own combined (college student).