Americans don't earn the minimum wage. You're talking about less than 1/2 of 1% of the working population. It's a nearly worthless metric (other than as a political reference to how long it has been since the minimum wage has been increased and how far behind the median it is).
it’s just another of the many many comments in this thread where people throw out statistics to make a point, but those statistics are typically detached from reality or not even focused on the main topic of the conversation.
$7.25/hour = $1,160/month for 8 hours of daily work, monday to friday.
iPhone Air costs $1000 according to https://www.apple.com/iphone/compare