Piper Sandler conducted an experiment to find ways to use the smallest.
According to the data they gathered in their annual study, the most commonly purchased products are new ones IPhone, Apple Watch and AirPods Apple.
In this article we will talk about the retail prices of young consumers, as well as other critical factors in the market.
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Sales of iPhone, Apple Watch and AirPods
Currently 88% Participants in the Piper Sandler interview answered that they expect their next phone to be an iPhone. The highest figure, in fact, is the highest figure in the entire survey. On the other hand, 8% of participants said that their next smartphone would be Android, which dropped the price by 10% compared to the 2019 survey.
The survey featured AirPods for the first time, and a 52% Teens said they already have AirPods, and 18% said they didn't have AirPods but were planning to buy Apple's wireless headsets over the next 12 months.
And finally, the acquisition of the Apple Watch continues to grow by a 25% teens who say they will buy it dearly. Some data grew 20% compared to last year. Young's interest in AirPods and Apple Watch continues to grow at a rapid rate.
Here are some other details from Piper Sandler's research:
- Instagram continues to be the most used social media site for the fourth year in a row.
- Netflix has surpassed YouTube as the first app to use video.
- Disney + has made its sadness in the top five in video usage.
- Amazon continues to grow as the preferred choice for teens to shop online.
You can read the full Piper Sandler survey from Business Wire.
