8 ms·
Is it anywhere near a luxury if 88% of teens can afford it? The iphone starts at $430 and tops out much higher than that, so the ASP is considerably higher.
by ProfessorLayton 4y ago
Is it anywhere near a luxury if 88% of teens can afford it? The iphone starts at $430 and tops out much higher than that, so the ASP is considerably higher.
- sofixa 4y agoI don't think it's the teens buying it for themselves.
- kaba0 4y agoFeel free to interpret it as 87% of teenagers’ parents can afford to buy (often multiple) iphones for their children. The actual market share of apple in the US is also at around 50%, so I wouldn’t call it luxurious. Though let’s add that a smartphone is probably the single most used item a person will own (used more often than your shoe), so it does make sense that people will give out quite a sum for these.