Pretending to be rich? All it takes is an iPhone [MSN Money]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: MSN Money
If you've ever felt the need to fake a higher income than you have, science has come up with a reliable method: Get an iPhone. Load Error That might not do it for the bank loan officer, but when it comes to fellow consumers, an iPhone (or an iPad) is the most reliable way to appear wealthy, according to a working paper by two University of Chicago economists. Across all years in our data, no individual brand is as predictive of being high-income as owning an Apple iPhone in 2016, found the paper , recently issued by the National Bureau of Economic Research. Knowing whether someone owns an [iPhone] in 2016 allows us to guess correctly whether the person is in the top or bottom income quartile 69 percent of the time, the authors write. In other words, if you guessed that someone was wealthy because they owned an iPhone, or that they were poor because they did not, you would be right 69 percent of the time. After the iPhone, iPads allows you to guess someone's wealth
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VZ
News
- Verizon Communications (VZ) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release [Yahoo! Finance]Yahoo! Finance
- Verizon provides accessible, affordable and reliable connectivity options for those who need it most [Yahoo! Finance]Yahoo! Finance
- Verizon provides accessible, affordable and reliable connectivity options for those who need it mostGlobeNewswire
- Verizon Frontline to showcase mission-critical communications solutions at FDIC International 2024 [Yahoo! Finance]Yahoo! Finance
- Verizon Frontline to showcase mission-critical communications solutions at FDIC International 2024GlobeNewswire
VZ
Earnings
- 1/23/24 - Beat
VZ
Sec Filings
- 4/15/24 - Form 4
- 4/15/24 - Form 4
- 4/15/24 - Form 4
- VZ's page on the SEC website