There was a debate on 'ere some years back. 'S my fault, I think, in that I asked the question, too.
I left a pile of Purpleheart shavings on some white kitchen roll on a double-glazed-but-sunny windowsill. They quickly went brown. I have two small slabs of the stuff left in the workshop (main use: holding sheets of wet+dry flat in the drawer). They are still purple-black, but they're kept in the dark all the time and mostly stay cool too. They make that whole drawer smell as though something died in it, and that's hard because it's a metal drawer...
... Did I mention that it smells vile? It goes black (or the sap does) when you cross-cut it. The mineral inclusions blunt tools very fast. The splinters are downright evil.
In Lincoln's book, "World Woods in Colour", uses are described as "heavy outdoor constructional work, bridge building, fresh water piling, dock work, cladding, house construction and vats", in other words you hammer it into mud, and it doesn't rot, nor break when ships thump into it, and boring worms break their teeth on it.
Sounds about right to me. All else is insanity.
E.
PS: Being more serious for a moment, Lincoln mentions that it "...exudes gummy resin when heated by cutters," and that spirit finishes remove the colour and lacquer finishes preserve the colour. I've proven the spirit thing (try it with meths!), and the gummy resin, which turns the cut completely black and causes alarming smoke even with a newly sharpened TS blade.