iPhone Ownership Among Teenagers Has Increased Over Two-Fold Since 2012, Says Survey

Apple Inc.'s AAPL iPhone ownership has more than doubled among teenagers in the last decade, states a survey.

What Happened: As of Sept. 23, 87% of U.S. teens own an iPhone, while 88% expect an iPhone to be their next smartphone, according to the survey by Piper Sandler of 14,500 teenagers.

The percentage has more than doubled since 2012 when a comprehensive study of 5,600 U.S. high schoolers showed that 34% of students own an iPhone, reported MacRumors citing Piper Jaffray.

See Also: Apple Decodes iPhone's Crash Detection As It Mistakes Rollercoaster Ride's Twists And Turns For Real Emergency

Additionally, 31% of teens own an Apple Watch, up from 30% in the fall of 2021.

The survey report also found that phones were the most preferred method by teens for customer service interactions.

Why It's Important: Since spring 2018, teen iPhone ownership has been more than 80%. In the June quarter of 2022, the iPhone's share of the U.S. smartphone market touched the 50%-mark for the first time since its launch in 2007.

Alphabet Inc.'s GOOG GOOGL android operating system-powered smartphones made up the remaining market. This includes smartphone manufacturers like Samsung Electronics Co (OTC SSNLF) and Lenovo Group Limited LNVGY

Read Next: Apple Suppliers Slowly Boosting U.S. Presence To Cut China Reliance

Market News and Data brought to you by Benzinga APIs
Posted In: NewsGlobalTechApple WatchConsumer TechiPhonesmartphone
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!