In Related News, 22 Percent of Students Are Also Unaware of the Current Economic Climate

Nearly 8 percent of high school students own an iPhone. And 22 percent of those who don’t, hope to buy one in the next six months. This according to Piper Jaffray’s 16th bi-annual Teen MP3 Player and Online Music Survey, which found that Apple’s cachet among teen consumers is as solid as it ever was, economic collapse be damned.