Saturday, November 15, 2008

As The Economy Worsens, The iPhone Sells!

As a follow-up to my blog about how the iPhone is no longer a status symbol for the rich, the latest report by comScore, Inc. shows that the strongest growth in iPhone sales have been in America's middle-class.
The price of the cheapest iPhone was cut in half back on July 11th of this year when the 8GB iPhone 3G was introduced at $199. So it's no surprise that between June and August of this year, there have been 48% more iPhone users in the $25,000 - $49,999 annual income range. iPhone users who make $50,000 - $74,999 a year also jumped by 46%.
The report says that people are discovering in this tough economic time that having an iPhone actually saves money. Instead of buying a separate iPod, mobile phone, PDA, GPS device and portable gaming device, you can get all of those functions with an iPhone 3G.
But don't count out the rich just yet. 43% of all iPhone users make more than $100,000 annually.

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