1. libra89's Avatar
    Warning: The video autoplays at the link below.

    https://www.bloomberg.com/news/video...e-wealth-video

    (If the link doesn't work for you, the findings of the study from the University of Chicago can be summarized as,
    -69% chance that iPhone owners are "high income"
    -66.9% chance that iPad owners are "high income"
    -Android has a lower chance at 59.5%.
    The study analyzed brands and user wealth over the years.)

    What do you think of the idea that owning an iPhone, iPad indicates wealth in the US, according to a study? Do you agree, disagree? Any general thoughts?
    07-14-2018 02:27 PM
  2. Sherry_B's Avatar
    Anyone that's low income can own an Apple product if they save up for it.
    07-14-2018 03:26 PM
  3. Tartarus's Avatar
    Anyone that's low income can own an Apple product if they save up for it.
    Or pay in 24 or 12 installments through the carrier, which is what I do.
    07-14-2018 03:40 PM
  4. Just_Me_D's Avatar
    Warning: The video autoplays at the link below.

    https://www.bloomberg.com/news/video...e-wealth-video

    (If the link doesn't work for you, the findings of the study from the University of Chicago can be summarized as,
    -69% chance that iPhone owners are "high income"
    -66.9% chance that iPad owners are "high income"
    -Android has a lower chance at 59.5%.
    The study analyzed brands and user wealth over the years.)

    What do you think of the idea that owning an iPhone, iPad indicates wealth in the US, according to a study? Do you agree, disagree? Any general thoughts?
    I would agree that when the first iPhone went on sale, it cost $600 upfront. No other phone or PDA at that time, at least not to my knowledge, was priced in that manner. With that being said, the first iPhone became an instant status symbol. The above mentioned study, is somewhat true, in my opinion, even though these days, owning an iPhone has been made much easier. Apple has positioned its as a company that sells premium products, and with premium products comes a hefty price tag that adds to the belief that only those with wealth can afford it.
    Last edited by Just_Me_D; 07-14-2018 at 08:53 PM.
    libra89 likes this.
    07-14-2018 04:11 PM
  5. Spencerdl's Avatar
    Hey, I wasn't part of that survey. I'm not "High Income" ...LOL. "Low Income" is more like it...LOL
    07-14-2018 04:58 PM
  6. Annie_8plus's Avatar
    I never knew I was wealthy! I have saved up for all my devices, or as others have done, paid for it in installments.
    07-14-2018 04:59 PM
  7. kataran's Avatar
    Interesting back in the day owning a TV was also a sign of wealth now you can pick one up on the side of the road 🤣
    07-14-2018 08:51 PM
  8. Annie_8plus's Avatar
    My family was one of the first ones in our neighborhood to own a microwave. Friends would come over to “experiment” with whole potatoes and eggs.
    kataran, DMP89145 and libra89 like this.
    07-14-2018 11:39 PM
  9. wilber1's Avatar
    Warning: The video autoplays at the link below.

    https://www.bloomberg.com/news/video...e-wealth-video

    (If the link doesn't work for you, the findings of the study from the University of Chicago can be summarized as,
    -69% chance that iPhone owners are "high income"
    -66.9% chance that iPad owners are "high income"
    -Android has a lower chance at 59.5%.
    The study analyzed brands and user wealth over the years.)

    What do you think of the idea that owning an iPhone, iPad indicates wealth in the US, according to a study? Do you agree, disagree? Any general thoughts?
    Don't tell my wife!
    libra89 and Spencerdl like this.
    07-15-2018 02:34 PM
  10. DMP89145's Avatar
    Interesting video/study.. Though I consider "high" income and wealth two different things. A lot of people spend more than they make and don't really have any wealth. Too much car.. too much house ... looks great, but they're broke a lot of times.

    Looking at the study further, can't help but chuckle... previous top spots ... '92 "Used Grey Poupon Dijon mustard" and '04 "Used Land O' Lakes butter" .. LOL! Classic stuff..
    libra89 and Spencerdl like this.
    07-15-2018 06:33 PM
  11. Ledsteplin's Avatar
    I can see where many with low income may neither afford going the payments route nor are able to save for high dollar tech toys. Many do find a way to purchase older devices. Those statistics sound about right to me. I haven't upgraded my 6s Plus since September of 2015, and it's because I ain't rich.
    TgeekB, libra89 and Spencerdl like this.
    07-15-2018 07:29 PM
  12. TgeekB's Avatar
    I think there’s a perception that it can indicate wealth. We all know perceptions aren’t always reality.
    Just_Me_D, libra89 and Spencerdl like this.
    07-15-2018 07:37 PM
  13. Spectrumite's Avatar
    I agree with the conclusion, although there's no data included with the video. With Android, there are a lot of very inexpensive phones available. My carrier, T-Mobile, has four or five Android smartphones that are listed for under $300, and a couple of them are @ $150. Apple has a relatively less expensive option with the SE, but everything else is pretty expensive. It just seems logical that the iPhone would gravitate to people with higher income.

    However, there is a major flaw in this study: iPhone is a phone maker/model, and Android is an OS. Perhaps a more accurate comparison should be between iPhone and (for example) Samsung, or Huwai.
    libra89 likes this.
    07-17-2018 11:28 AM
  14. n8ter#AC's Avatar
    Everyone in the projects have Apple devices. It means nothing, now that subsidies and leasing options dominate the US market.

    This may be different in Europe, Asia, and other markets, though that also depends on whether people feel spending disposable income on a luxury brand is a good decision.

    My friends from France would probably buy Android devices and use the extra money to travel, instead.
    07-26-2018 09:27 AM
  15. Ken Magel's Avatar
    First, I have heard that in most of the world there is no way to buy Apple devices on an installment plan? Is this true?

    Second, what does being wealthy mean? You have $1,000,000? Or you have more assets than debts?
    08-09-2018 11:29 AM
  16. Lee_Bo's Avatar
    I really don't give a flying piece of fudge what people think about me owning an iPhone or and Apple product means.

    I own several Apple products because (1) they work and (2) because I've spent the last half century getting to a point in my life where I can afford to splurge on things that I want. Period.
    08-09-2018 05:37 PM

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