Feel 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

Feel 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.