<?xml version="1.0" encoding="utf-8"?>
<!-- http://blog.flexexamples.com/2008/07/13/specifying-a-custom-icon-function-on-a-combobox-control-in-flex/ -->
<mx:Application xmlns:mx="http://www.adobe.com/2006/mxml"
        layout="vertical"
        verticalAlign="top"
        backgroundColor="white" viewSourceURL="srcview/index.html">

    <mx:Script>
        <![CDATA[
            import mx.events.DropdownEvent;

            [Embed("assets/status_online.png")]
            private var statusOnline:Class;

            private function comboBox_open(evt:DropdownEvent):void {
                comboBox.dropdown.iconFunction = comboBoxDropdown_func;
            }

            private function comboBoxDropdown_func(item:Object):Class {
                if (item.hasOwnProperty("online") && item.online) {
                    return statusOnline;
                }
                return null;
            }
        ]]>
    </mx:Script>

    <mx:Array id="arr">
        <mx:Object label="One" online="true" />
        <mx:Object label="Two" />
        <mx:Object label="Three" online="true" />
        <mx:Object label="Four" />
        <mx:Object label="Five" />
        <mx:Object label="Six" />
        <mx:Object label="Seven" online="true" />
        <mx:Object label="Eight" />
        <mx:Object label="Nine" />
        <mx:Object label="Ten" />
    </mx:Array>

    <mx:ComboBox id="comboBox"
            dataProvider="{arr}"
            open="comboBox_open(event);" />

</mx:Application>