How do you know if someone is rich? Ask if they own an iPhone or iPad, according to a study



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Owning an iPhone or iPad is the best indicator that a person is rich. The researchers had a 69.1% chance of correctly guessing if people belonged to the high-income bracket if they owned an iPhone. ( Apple )

Owning an iPhone or iPad is the best indicator of wealth in the United States, according to a new working paper from the National Bureau of Economic Research conducted by economists at the # 39, University of Chicago. In 1992, the strongest sign of a wealthy family was the Gray Poupon mustard, while in 2004, it was Land O 'Lakes butter and Kikkoman soy sauce. In 2016, he owned an iPhone or iPad, a trend that will likely continue into the future with the iPhone X and the upcoming smartphone models.

If you own an iPhone, you are probably rich

years in our data, no single brand is as predictive of being high income as owning an Apple iPhone in 2016, "wrote researchers Marianne Bertrand and Emir Kamenica

. 6,394 people. The data included bi-annual questionnaires and information obtained from face-to-face interviews such as household income.

According to the researchers, owning an iPhone gave them a 69.1% chance of correctly guessing that a person was in high society. income group, or first quartile, of his group, such as single adults or couples with dependents. Meanwhile, owning an iPad has a slightly lower success rate, at 66.9 percent.

For 2016, other significant indicators of wealth include the Verizon subscription at 61 percent and the possession of a generic Android phone at 59.5 percent. Product terms, the best indicator of wealth in 2016 was traveling in the continental United States at 70.9 percent and holding a passport at 70.3 percent. These signs are far from the best products of the previous years. In 1992, it had a 71.4% automatic dishwasher and used a 70.2% dishwashing detergent. In 2004, he purchased a new 73.6% vehicle and, again, used 71.6% dishwasher detergent.

The Future of the iPhone

The study focused on 2016 data The iPads being the best indicator that a person is rich can continue in the coming years.

This year, Apple would look to launch three models of iPhone. Two of the 2018 iPhones, the 5.8-inch OLED iPhone and the 6.5-inch OLED iPhone, should follow and even surpass the $ 1,000 price of the current iPhone X.

Free a budget iPhone model compared to OLED iPhones. The 6.1-inch LCD iPhone is expected to be priced at $ 700, and it remains to be seen if owning it will always be a sign of being a rich person.

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