17% of U.S. teens would pay $350 for an Apple iWatch – survey

Of 7,500 teens polled, 6% already wear a smartwatch, 61% own an iPhone, 40% own an iPad.

FORTUNE -- Before anyone gets too excited about the results of the teen survey Piper Jaffray's Gene Munster released Tuesday, the numbers need to be put in some kind of socioeconomic context.

For one thing, American teenagers tend to be richer -- a lot richer...

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