# Prof. Russell Winer on the iPhone as a status symbol

1 Faculty News September 8, 2014 ![NBC News online logo](/sites/default/files/styles/246w/public/assets/images/con_037262.gif?itok=6hhedDRK)>

Excerpt from [NBC News](http://www.nbcnews.com/tech/gadgets/why-your-old-iphone-suddenly-seems-terrible-n196831) -- "'Many people don’t want to feel like they have been left behind,' said [Russ Winer](http://www.stern.nyu.edu/faculty/bio/russell-winer), professor of marketing at the NYU Stern School of Business. 'If you’re with out with someone and they pop out a flip phone, someone is bound to make a joke about it.'"

[Read more](http://www.nbcnews.com/tech/gadgets/why-your-old-iphone-suddenly-seems-terrible-n196831)