If you happen to own an iPhone or iPad, it means you’re rich, according to a new study that looked at various modern types of behavior and their correlation with the income of a household. Owning an Android phone in the USA or using Verizon are also signs that you’re in the high-income bracket.
However, the iPhone is an even stronger indicator. Economists from the University of Chicago explained in a new paper that “no individual brand is as predictive of being high-income as owning an Apple iPhone.”
