If so, what's your point?
I'm sure there are a lot of people who bought a cheaper product because they can't afford a very expensive model.
And there are people who look at value for money and think they can get more bang for their buck with an Android device.
If you're an Apple fan then you should be very happy with anyone switching, or do you personally see your iPhone as a status symbol and does opening this up to more people in some way offend you?
In Europe the iPhone still only has 30% market share I believe. Apple has to open up their range and offer cheaper devices to continue to grow and get more people in the ecosystem buying apps, music subscriptions, movie rentals etc.
Not that it bothers me, but I just find it amusing that for a loooooooong time, there's been that contingent of the Android community that are/were happy to call Apple/iPhone users "sheep" that were happy to follow the herd, and that Android users were morally better for having an Android device that has more features for cheaper and it's now those same people that are all now jumping over to iOS.