• Business Insider, Wednesday, April 6, 2011 11:35 AM

Nearly four-in-10 U.S. teens plan on buying an iPhone in the next six months, according to Piper Jaffray's latest bi-annual survey of high school students. What's more, 20% plan to buy a tablet, which, according to Business Insider, "probably means [an] iPad."

For it latest report, Piper asked 4,500 kids about their interest in Apple products and digital music. Presently, 17% already own an iPhone, while 37% plan on buying one in the next 6 months. 22% either own a tablet or have one in their house. Demonstrating the cannibalistic nature of gadgets, only 80% of teens now own an MP3 player -- down from 90% last fall.

"More teens are listening to music on their cell phone -- 53% versus 50% last fall -- so that may account for some of the drop." Of the teens who download music, meanwhile, 65% use file-trading services, while, among the legal services, iTunes has a dominant 95% market share.

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