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

New Things Your iPhone Can Do in iOS 18

18 New Things Your iPhone Can Do in iOS 18.2

Wednesday November 13, 2024 2:09 am PST by
Apple is set to release iOS 18.2 next month, bringing the second round of Apple Intelligence features to iPhone 15 Pro and iPhone 16 models. This update brings several major advancements to Apple's AI integration, including completely new image generation tools and a range of Visual Intelligence-based enhancements. There are a handful of new non-AI related feature controls incoming as well....
iPhone SE 4 Thumb 1

iPhone SE 4 Camera Modules to Enter Mass Production Next Month

Tuesday November 12, 2024 2:56 am PST by
Apple's camera module supplier for the upcoming iPhone SE 4 is set to begin mass production of the components in December, according to a new report coming out of Korea. Economic newspaper Ajunews reports that LG Innotek will supply the front camera module for the budget-friendly fourth-generation device. Final tests are now said to be underway, with mass production of the module following...
AirPods Crackling Feature

Apple Customers Sue Over Unfixed AirPods Pro Crackling Issue

Wednesday November 13, 2024 11:01 am PST by
A trio of Apple customers this month filed a class action lawsuit against Apple, accusing the Cupertino company of violating California consumer protection laws and false advertising for continuing to sell AirPods Pro models that had ongoing issues with crackling or static sounds. A few months after the AirPods Pro came out in October 2019, buyers began to complain about crackling, rattling, ...
AirPods Pro Firmware Feature

Apple Releases Firmware Updates for AirPods Pro 2 and AirPods 4

Monday November 11, 2024 11:28 am PST by
Apple today released firmware updates for both AirPods 4 models (version number 7B20) and the AirPods Pro 2 with both Lightning and USB-C charging cases (version number 7B21). All of these AirPods models were previously on firmware version 7B19. It is not immediately clear what new features or changes are included in firmware versions 7B20 and 7B21, but we will update this story if we find...
M4 MacBook Pros Thumb

M4 MacBook Pro Uses Quantum Dot Display Technology

Thursday November 14, 2024 4:19 pm PST by
The M4 MacBook Pro models feature quantum dot display technology, according to display analyst Ross Young. Apple used a quantum dot film instead of a red KSF phosphor film, a change that provides more vibrant, accurate color results. Young says that Apple has opted for KSF for prior MacBook Pro models because it doesn't use toxic element cadmium (typical for quantum dot) and is more...
maxresdefault

M4 Max MacBook Pro: Real-World Usage Tests

Wednesday November 13, 2024 11:59 am PST by
Apple last week replaced the M3 Max MacBook Pro with the new M4 Max MacBook Pro, and we picked up one of the new high-end MacBook Pro machines to see how it compares to the prior model with both benchmarks and real-world tests. We tested an M4 Max with a 16-core CPU, 40-core GPU, and 48GB RAM against an M3 Max MacBook Pro with similar specs. The two machines look similar, but the display on...
final cut pro magnetic mask

Apple Releases Final Cut Pro 11 for Mac

Wednesday November 13, 2024 3:02 pm PST by
Apple today announced the launch of major updates for its Final Cut Pro video editing software designed for Macs and iPads. Final Cut Pro has been version 10 since 2011, but after 13 years, Apple is finally ready to debut Final Cut Pro 11. Apple first teased a new version of Final Cut Pro when introducing the new M4 Macs in October, and now the updated software is available for download with ...

Top Rated Comments

darkharbour Avatar
34 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
34 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
34 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
34 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
34 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
34 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)