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Owning an iPhone is the Number-One Way To Guess if You're Rich or Not, Research Finds (businessinsider.com)

An anonymous reader shares a report: In the United States, if you have an Apple iPhone or iPad, it's a strong sign that you make a lot of money. That's one of the takeaways from a new National Bureau of Economic Research working paper from University of Chicago economists Marianne Bertrand and Emir Kamenica. "Across all years in our data, no individual brand is as predictive of being high-income as owning an Apple iPhone in 2016," the researchers wrote. There are details and caveats to the research, but the economists found that owning an iPhone gave them a 69% chance to correctly infer that the owner was "high-income," which they defined as being in the top quartile of income for households of that type -- like single adult or couple with dependents, for example.

6 of 497 comments (clear)

  1. so pay attention slashdotters by nimbius · · Score: 5, Funny

    If you're shopping online with your user agent set as
    Mozilla/5.0 (iPhone; CPU iPhone OS 6_0 like Mac OS X) AppleWebKit/536.26 (KHTML, like Gecko) Version/6.0 Mobile/10A5376e Safari/8536.25
    You might pay more than someone coming from Firefox or Chrome. This wont impact IE or Edge users as they prefer to shop in person for the most flavorful brand of crayon.

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    Good people go to bed earlier.
  2. Odd, it's different in Europe by Opportunist · · Score: 3, Funny

    In Europe, it's mainly a sign that you're an obnoxious douche that wants others to think that you earn a lot of money.

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    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  3. Re:Owning a luxury car (or jet/yatch) is even bett by NoNonAlphaCharsHere · · Score: 5, Funny

    Ferraris, feh. Owning a senator is how to tell if you're rich or not.

  4. Re:Owning a luxury car (or jet/yatch) is even bett by nospam007 · · Score: 5, Funny

    Owning a Ferrari is a sign that you are going bald and have a small dick.
    It has been that forever.

  5. Re:Owning a luxury car (or jet/yatch) is even bett by EvilSS · · Score: 5, Funny

    Owning a Ferrari is a sign that you are going bald and have a small dick. It has been that forever.

    Can confirm: Thick hair, big dick, no Ferrari.

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    I browse on +1 so AC's need not respond, I won't see it.
  6. Re:Owning a luxury car (or jet/yatch) is even bett by Green+Mountain+Bot · · Score: 2, Funny

    And they're more reliable.