Apple in focus as Morgan Stanley sees App Store revenue growth, Mac strength

So far, App Store revenue growth in the month has risen 9% year-over-year, Morgan Stanley analyst Erik Woodring pointed out in a research note. “Assuming growth in March is in-line with normal ...
Seeking Alpha

Apple: Apple Intelligence Has Limited Impact On Revenue Growth (Rating Downgrade)

Despite beating both top and bottom-line estimates, Apple's 3Q FY2024 performance was mediocre due to a YoY decline in iPhone sales and a contraction in gross margin. The management provides a muted ...
Benzinga.com

Apple Services Revenue Trajectory Signals Softness With Weaker App Store Downloads: Analyst

Sensor Tower data showed that Apple’s (NASDAQ:AAPL) App Store revenue and downloads grew in August, but slower than historical trends. Year-over-year revenue growth eased to 11.2% and downloads rose 2 ...
Benzinga.com

Apple App Store Revenue Jumps 10%, Analyst Sees AI, App Diversification Driving Long-Term Growth

Apple's (NASDAQ:AAPL) App Store delivered strong results in the September quarter, with revenue climbing 10% year-over-year to $8.7 billion and downloads rising 2.5% to 9 billion. AAPL stock is up ...
Briefing.com

Apple down mildly following soft DecQ revenue growth guidance; more AI features forthcoming (AAPL)

Apple (AAPL -1.7%) takes a minor hit today after the iPhone maker's Q1 (Dec) revenue growth forecast comes up a tad lighter than expected. Apple projected a low to mid-single digit percentage lift in ...