One in five iPhone users "constantly overdrawn"

Apple fans have long been known for their dedication, but new studies may reveal an element of truth to the assumption that most fans are living beyond their means. Of those surveyed, one in five iPhone users said that their main bank account is almost always overdrawn. In comparison, almost half of Android and Blackberry users said they were never overdrawn.

In a report published by The Daily Mail, figures suggest that there is a link between smartphone choice and financial status. Of those surveyed earning over £50,000 per year, 10% were Blackberry owners, 7% were Android owners, while only 5% were iPhone users. At the other end of the spectrum, 27% of Android users earned less than £20,000, while 38% of Blackberry users fell into the lowest earning bracket. On the iOS platform, that figure rose to just under 50%.

RIM has had great success with pushing the Blackberry into professional sectors, with their Blackberry Enterprise Server providing a simple solution to information exchange across several devices. On the other hand, the recent popularity of the Blackberry Messenger has brought the business-minded platform to the younger generation. The surge of interest among the younger audience makes sense, considering the high rate of users within the <£20,000 bracket.

As Apple prepares to release the rumoured iPhone 5, the internet has been left guessing as to what Apple has up their sleeves for their next release. NFC is a highly-rumoured feature, which would allow iPhone users to make payments by touching their phone against an NFC-enabled paypoint. On the other hand, such a feature might not be in their audience's best interests considering the results of this survey.

Report a problem with article
Previous Story

Spring Thing interactive fiction contest voting underway

Next Story

ActiveWin: 50 Suggestions: What I Want in Windows 8

83 Comments

View more comments

I really do not understand how the daily mail came to this conclustion. If what they say is true, i have more than 5 people whom i know who own an iPhone. And i can say with certainity that none of them have their accounts overdrawn.

People just have it as a social status thing. Probably even more so if they don't have a lot, its a way to trick people into thinking they have money.

one in five iPhone users said that their main bank account is almost always overdrawn. In comparison, almost half of Android and Blackberry users said they were never overdrawn

So how many iPhone users are never overdrawn, and how many Android (and how many Blackberry, separately) users are almost always overdrawn? Apples to apples is how statistics should be used... you're using the numbers in conjecture rather than a simple logical path.

Then the rest of the article, particularly the last paragraph on NFC, is unrelated padding. I'm very disappointed in what's going on with this site's quality.

1 in 5 isn't even a statistic interesting enough to be worth comment

Reading this is almost like reading the Flying Spaghetti Monster beliefs such as Pirates and global warming.

Correlations are not always right..

roadwarrior said,
This article breaks down the numbers of "constantly overdrawn" smartphone users a little better: http://www.broadbandgenie.co.u...-overdrawn-says-yougov-poll

iPhone: 18%
Android: 14%
Blackberry 13%

The difference between those numbers is barely outside the margin of error for a poll of this size.

The way this article is written is ridiculous. Classic case of reporting the results in a way to make a point that can't be drawn from those results. What percent of iPhone users are "never overdrawn" ... how does that compare to the "almost 50%" of Android users who report never being overdrawn? If they're going to compare results at least compare the same ones!

I thought overdrafts were supposed to be a thing of the past with the banking reform law that passed? Just a cash cow for the banks. It would almost be better if banks would just reject electronic transactions or return your check marked "insufficient funds". But I guess then they wouldn't get their $35 each time it happens.

To the article, if you're "constantly overdrawn", you obviously can't afford regular cell phone service and should consider a pre-pay plan. I use NET10 and pay $16/month after taxes for 200 minutes. Of course, I just make phone calls and don't need all the features/gimmicks of a smart phone.

This survey was done in the UK (as evicenced by the fact that they quote money amounts in pounds, not dollars), which has different laws, and a different type of "overdraft" than what we have here in the US.

The only people I see with iPhones are rich snobs or college kids that have their parents pay for everything. Everyone else else (poor included) uses Android. I didn't even know Blackberry was still around.

Educated Idiot said,
The only people I see with iPhones are rich snobs or college kids that have their parents pay for everything. Everyone else else (poor included) uses Android. I didn't even know Blackberry was still around.

A reply more absurd than the logic used in the article, nice work. The demographic for iPhone uers is pretty wide.

I think to a lot of people, the iPhone, and Apple as a brand, represents "the american dream" in digital technology, so to speak.... It's so sleek, so "amazing" that everyone wants one... Especially those who don't have much of anything... If the iPhone is THE status symbol of the 2010s, then those people who are looking to at least PRETEND they're successful, mainstream, cool, whatever, are going to buy one.

Commenting is disabled on this article.