A new Piper Sandler survey shows that the iPhone is incredibly popular among teens, with an overwhelming majority using or wanting one.
The economy isn't doing well, and smartphone sales have seen far better days. But the iPhone 15 Pro Max, Apple's most expensive 2023 phone, sold out in an hour, and Apple hasn't caught up with demand. Yes, some manufacturing issues might have impacted supply, but this doesn't change the fact that the iPhone remains a highly-coveted product. That Apple can navigate slow years much better than the competition.
Teens using predominantly iPhones and expecting to use iPhones in the future might be a bigger problem for Android vendors. Most of the teens in the Piper Sandler survey did not report working in any capacity. That means they receive iPhones from parents, who might also be iPhone owners. Their preference for iPhones also means these teens will probably purchase iPhones as they transition into adulthood.
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