In a new study conducted, it shows that even if your income is low, it is difficult to live without your smartphone

  1. Smartphone ownership is the last things to be cut when income is reduced
  2. They would rather move into cheaper housing than give up their iPhones
  3. Income < 15000 yet they own a smartphone

When a twentysomething’s budget is tight, her smartphone is far from the first expense to go, suggests a new study from Nielsen.

The survey of 20,000 U.S. mobile customers found that smartphone ownership skews toward the young and the wealthy — exactly as you’d expect.

What is more surprising, however, is this nugget: smartphone penetration among young people in the lowest income bracket is higher than it is among older people in the wealthiest bracket.

Among 18- to 24-year-olds, more than half of respondents who make less than $15,000 each year said they own …