Report: 61% of U.S. Teens Download Music Illegally

Authored by Mark Hefflinger on April 11, 2008 - 9:20am.

Minneapolis - While a majority of U.S. teens still use illicit file-sharing services to download music, their numbers decreased slightly over the past year, with 61% reporting they download music illegally, compare with 64% a year ago, according to a recent survey from Piper Jaffray.

Apple's (NASD: AAPL) iTunes Store was still the most popular means of obtaining music, used by 81% of those surveyed.

The survey noted an overall "discretionary recession" in teen spending, finding a 15% year-over-year decline in spending among young men, and an 11% decline among young women.

Spending on electronics represented 10% of the total budget for young men, and 4% for young women -- a slight overall increase from last year.

Six percent of students indicated they own an iPhone -- double the market share found in a fall 2007 survey -- and 9% expect to buy an iPhone in the next six months.

 

Related Links:
http://snipurl.com/245rv

http://www.piperjaffray.com



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