(ed : This article has been amended to reflect further data gathered.)
A survey carried out by Yougov for a banking software outfit called IE showed that Apple iPhone users are more likely to be permanently overdrawn compared to their Android and Blackberry counterparts.
The research covered more than 2,000 UK residents; out of these, 62 per cent said they had a mobile (feature) phone with a third saying they had a smartphone.
The remaining either said they did not have one or did not know to which category their handsets belong.
This isn't very surprising given that a £40 touchscreen device with a stylus and a camera with Wi-Fi access could either be a smartphone or a a dumb phone. For the sake of clarity, Yougov defined a smartphone as "one which offers advanced features similar to a computer."
Up to 18 per cent of iPhone users were permanently in overdraft compared to 12 per cent nationwide; in comparison, 14 per cent of Android smartphone owners and 13 of Blackberry users were in the same situation.
Interestingly, those who own an iPhone are likely to earn less than those on Android or Blackberry with one in nine Blackberry owners earning more than £50,000 a year compared to seven per cent for iPhone users.
Indeed, iPhone users are likely to earn under £20,000 a year, which is ironic given that the phone itself costs nearly £500 and the cheapest contract for the handset costs more than £1000.