Wanna Know Why The World Is GaGa Over Apple Pay?

Check out these charts. Apple ownership by income is off the charts. They may have a smaller market share but iPhone owners have a much bigger share of spend.

What’s interesting, however, is the extent to which spending power is correlated to age. iPhone owners are also older. Apple and Android ownership is almost the inverse, until you get to the 55+ group when Android ownership picks up again.