Apple Continues to Dominate Teen Buying Preferences, Growing Lead Over Competitors Like Venmo and Rolex

Apple devices and services continue to dominate teen purchasing preferences in the United States, but more teens choose to not use iCloud Private Relay compared to those that use or plan to use the feature, according to new data gathered by investment firm Piper Sandler for its most recent biannual teen survey.

Apple Watch Series 7 Pink and Green Feature
According to the report, 87 percent of surveyed teens in the United States now own an iPhone, and 87 percent expect their next smartphone to be an ‌iPhone‌. In addition, 72 percent of teens already own AirPods.

Apple Watch ownership continues to climb among teens, reaching 37 percent, up from 34 percent last fall. 14 percent of teens now intend to buy an Apple Watch within the next six months.

Apple Watch is now overwhelmingly the most popular watch brand among upper-income teens, with 42 percent of upper-income teens saying that Apple is their favorite watch brand. Apple has gradually climbed up the list of the most popular watch brands among upper-income teens, reaching the milestone of taking the top spot from Rolex in the fall of last year. As of spring 2022, the Apple Watch now stands well ahead of the next three most popular watch brands, with Rolex at 33 percent, Garmin at two percent, and Fossil at two percent.

Apple Pay is still the most popular payment service among teens, capturing 23 percent of the mobile payments market, well ahead of Venmo, Cash App, and PayPal. The popularity of ‌Apple Pay‌ may be partly attributed to 87 percent of teens owning an ‌iPhone‌.

41 percent of teens are currently using iCloud Private Relay or are interested in using it in the next six months, but 45 percent of teens have Apple devices and choose to not use ‌iCloud‌ Private Relay, and do not plan to do so in the future.

The findings are part of Piper Sandler's "Taking Stock With Teens" survey, seen by Apple 3.0, which asked 7,100 teenagers with an average age of 16.2 and a median household income of $69,298 about their purchasing habits and brand preferences. This survey has been an ongoing project since 2001, providing long-term insights into teens' thinking.

Popular Stories

iPhone SE 4 Vertical Camera Feature

iPhone SE 4 Rumored to Use Same Rear Chassis as iPhone 16

Friday July 19, 2024 7:16 am PDT by
Apple will adopt the same rear chassis manufacturing process for the iPhone SE 4 that it is using for the upcoming standard iPhone 16, claims a new rumor coming out of China. According to the Weibo-based leaker "Fixed Focus Digital," the backplate manufacturing process for the iPhone SE 4 is "exactly the same" as the standard model in Apple's upcoming iPhone 16 lineup, which is expected to...
iPhone 16 Pro Sizes Feature

iPhone 16 Series Is Just Two Months Away: Everything We Know

Monday July 15, 2024 4:44 am PDT by
Apple typically releases its new iPhone series around mid-September, which means we are about two months out from the launch of the iPhone 16. Like the iPhone 15 series, this year's lineup is expected to stick with four models – iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max – although there are plenty of design differences and new features to take into account. To bring ...
bsod

Crowdstrike Says Global IT Outage Impacting Windows PCs, But Mac and Linux Hosts Not Affected

Friday July 19, 2024 3:12 am PDT by
A widespread system failure is currently affecting numerous Windows devices globally, causing critical boot failures across various industries, including banks, rail networks, airlines, retailers, broadcasters, healthcare, and many more sectors. The issue, manifesting as a Blue Screen of Death (BSOD), is preventing computers from starting up properly and forcing them into continuous recovery...
iphone 14 lineup

Cellebrite Unable to Unlock iPhones on iOS 17.4 or Later, Leak Reveals

Thursday July 18, 2024 4:18 am PDT by
Israel-based mobile forensics company Cellebrite is unable to unlock iPhones running iOS 17.4 or later, according to leaked documents verified by 404 Media. The documents provide a rare glimpse into the capabilities of the company's mobile forensics tools and highlight the ongoing security improvements in Apple's latest devices. The leaked "Cellebrite iOS Support Matrix" obtained by 404 Media...
Apple Watch Series 9

2024 Apple Watch Lineup: Key Changes We're Expecting

Tuesday July 16, 2024 7:59 am PDT by
Apple is seemingly planning a rework of the Apple Watch lineup for 2024, according to a range of reports from over the past year. Here's everything we know so far. Apple is expected to continue to offer three different Apple Watch models in five casing sizes, but the various display sizes will allegedly grow by up to 12% and the casings will get taller. Based on all of the latest rumors,...
tinypod apple watch

TinyPod Turns Your Apple Watch Into an iPod

Wednesday July 17, 2024 3:18 pm PDT by
If you have an old Apple Watch and you're not sure what to do with it, a new product called TinyPod might be the answer. Priced at $79, the TinyPod is a silicone case with a built-in scroll wheel that houses the Apple Watch chassis. When an Apple Watch is placed inside the TinyPod, the click wheel on the case is able to be used to scroll through the Apple Watch interface. The feature works...

Top Rated Comments

darkharbour Avatar
30 months ago
Wait, 33% of all watches worn by teens of an average age of 16.2 and a median household income of $69,298 are Rolex’s?
Score: 30 Votes (Like | Disagree)
iphonehype Avatar
30 months ago
Considering the price of a Rolex and the market, luxury market etc. Why is Rolex even in the title? Wouldn't the comparison be against FitBit, Samsung and other competitors? If most of the US own iPhones, it would then likely mean x mount of those users would own AirPods and Apple Watches.

I do have a few friends that have iPhone, AirPods but have an Rolex and would never buy an Apple Watch
Score: 13 Votes (Like | Disagree)
nfl46 Avatar
30 months ago
Lol. This is the one of the reasons green bubbles are disliked in the States. The iPhone is incredibly popular here.
Score: 8 Votes (Like | Disagree)
totom_ Avatar
30 months ago

Wait, 33% of all watches worn by teens of an average age of 16.2 and a median household income of $69,298 are Rolex’s?
No. The article states the following:


the most popular watch brand among upper-income teens, with 42 percent of upper-income teens saying that Apple is their favorite watch brand
Hence, 33% state Rolex is their favorite watch brand, not that they own one. In addition, the article is not clear whether the "upper-income teens" are the ones "of an average age of 16.2 and a median household income of $69,298" or if there is another subset within this group with a higher household income.
Score: 7 Votes (Like | Disagree)
dbwie Avatar
30 months ago
Taking the top spot from Rolex among teens cannot be hard. How many teens own a Rolex? I don't even know what the least expensive Rolex costs. EDIT: now I'm laughing, seeing that other commenters before me picked up on the absurdity of the Rolex comparison.
Score: 5 Votes (Like | Disagree)
threesixty360 Avatar
30 months ago
Rolex's are pretty much just jewellery for guys really. The whole mens watch industry is just jewellery.. not really comparable to the functionality of an Apple Watch.

The funny thing is, when I realised that they all cant actually keep time anywhere near the accuracy of £30 Casio I just laughed... what a crazy world!
Score: 5 Votes (Like | Disagree)