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Teens Dig Digi-Tunes

piperjaffrey

Young people can’t get enough of iTunes.

(USA/CAN) Released by Piper Jaffrey the ‘Taking Stock with Teens‘ report (focussed on the American and Canadian market) throws out some eyebrow-raising stats:

• over 80% who own an MP3 player own an iPod;
• 90% who use online music services use iTunes (how happy does that make Steve Jobs); and
• 44% of the total teen budget was spent on fashion.

There’s also a short video about the report you can watch—a guy in a suit looking like he’s giving evidence in a court case, but he know his stuff.

Piper Jaffrey press release