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New figures indicate that a large minority of teenagers are planning to purchase an Apple iPhone when they are released later in the year, reports MacWorld

The study by Piper Jaffray found that a quarter of US teens are intent on forking out $500 when the product launches in June, while just 16 per cent of those canvassed admitted to not having heard of the gadget.

The top specification version of the phone is expected to be able to store 8 GB of songs, movies and pictures on it and Apple hopes that users will enjoy its all-in-one capabilities, something that is also being tried in Sony Ericsson's Walkman variations.

Apple already has a monopoly on teenagers' music technology, with a staggering 82 per cent of those questioned stating that they were the owners of an iPod.

Gene Munsterm, a senior research analyst with Piper Jaffray, commented: "We believe that the teen demographic is a critical component of long-term growth in both markets, and Apple is clearly leading the category."

The new product is not expected to make it to the UK until the end of the year at the earliest.

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