That's a ridiculous statement. What defines "real rich?"
I mean, you can buy a smart phone with a pretty good rating for less than you can spend on a flagship iPhone. This includes iPhones from previous model years as well as Android and other types of phones.
You can buy a very nice appliance for less than you can buy a top-of-the-line appliance. Same goes for cars.
You don't see these alleged "real rich" people not buying higher-end cars, appliances, or any other type of items, including smart phones. I have been buying iPhones since 2007, because I LIKE THEM.
I don't flash my phone around like it'll impress people, though there was a time in the early days of iPhones that I had to pretty much hide mine to keep people from wanting to hold it. That ended long before people on MR were squawking about what a "status symbol" an iPhone was and what version they were "rocking" at the mall. *eyeroll*
Seriously, it's stupid. People should buy whatever they like and we should all mind our own business about other people's spending habits. And there's no need to be weird about how much Apple chose to price their new phone for. If the market decides it's too much, Apple will adjust for the market.
They did it with their first phone. Thing is, this price isn't THAT much more money. People act like Apple were not already charging 969 dollars for a phone. What's another 31 dollars?