According to new data shared by the investment firm, Apple devices and services are the most popular options among teenagers in the US.

According to the results of the survey, 87 percent of teenagers own an Apple product, and almost all of them expect an Apple product to be their next phone. Over the last 10 years, the number of teens with an Apple device has doubled. Forty percent of U.S. teens owned an Apple product back in 2012

High usage of the iPhone among teens bode well for Apple's service products.

We believe the elevated penetration and intention are important given the mature premium smartphone market. Additionally, these trends are encouraging as the company continues to introduce new iPhones, which could provide a significant product cycle refresh. We think these positive trends can also be a catalyst for further services growth as well, as the install base for Apple hardware continues to grow.

Only 31 percent of teens own the Apple Watch, but it is the most popular smart watch. Only 5.8 percent of teens own a smart watch that isn't an apple watch.

For more than a decade, she has hosted these surveys. A total of 14,500 teens with an average age of 15.8 were surveyed in 47 states.