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A new study shows iPhone owners are richer than other people

The type of smartphone that’s in your hand could be a clue of just how much money you have in the bank. This finding is one of the results of a new study from the National Bureau of Economic Research at the University of Chicago that suggests owning an iPhone is a strong sign that someone is “high income.”

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steven83r126d ago

That's the most stupid thing i have ever heard. If the iphone was not allowed to be bought on payments then yes maybe. But since all phones are on payment plans even the "poor" have iphones.

Cobra951126d ago

You mean rich people spend more on status symbols than the rest of us? They pay a lot more than something is worth because of its image? Damn. Why didn't I know that already?

annoyedgamer126d ago (Edited 126d ago )

iphone owners are also stupider than other people too.

See I can do it too.