Jesse Feiler - Smartphone Ownership

With the release this week of Apple’s iPhone 5, the Pew Research Center reports 45% of American adults own smartphones. They are particularly popular with young adults and those living in relatively higher income households; 66% of those ages 18-29 own smartphones, and 68% of those living in households earning $75,000 also own them. Duh, right?

Our tech guru Jesse Feiler says there is more to the story.