It’s like Air Jordans for your iPhone

Up until yesterday, you could buy an application for your iPhone that costs $999.99.

What does it do?

Nothing.

Not a darn thing.

It simply puts that red icon in your iPhone’s desktop so that people will see it and know that you are so wealthy that you can afford to waste money just for prestige…

Apple pulled the app, apparently on a moral basis…

You can read the whole story on the LATimes here.

but it got me think: what’s the difference between this app and, say, spending $100 bucks for a pair of jeans that you could get for $25 without the label that says ‘Diesel’ or ‘Polo’?

Any thoughts?