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High school teens ready to pay $500 for an iPhone

Categories: Apple, Devices, iPhone, Research
By: , IntoMobile
Wednesday, April 11th, 2007 at 9:16 AM

iPhone teensThough it’s still not available, most high school students are already aware of the Apple’s iPhone with a significant number saying they’re to buy it once become available.

Investment bank PiperJaffray conducted a study involving 500 high school students at 11 different institutions across the country, asking each about their interest and buying patterns in portable digital audio and online music.

The results discovered that nearly 85% of students saying they were already familiar with the iPhone, and of those students, 25% said they’d be willing to buy one for $500.

However, Gene Munster, senior analyst at PiperJaffray said he’s modeling for Apple to sell around 660,000 iPhones during the 2007 fiscal year ending September and just another 4 million next year.

Full release that includes the overall PMP numbers is available on AppleInsder.

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About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.

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