Apple App store revenue up 6.3% in fiscal Q2-to-date, says BofA
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According to data on developer revenue from SensorTower, Appleβs (AAPL) App store revenue increased to $3.4B, or 6.3% year-over-year, after 35 days in fiscal Q2, reported BofA analyst Wamsi Mohan. For January, App store revenue increased 7.0% year-over-year globally, outpacing app store download growth of 3.6%, adds the analyst, who keeps an Buy rating and $325 price target on Apple shares.Claim 50% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharpe
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According to data on developer revenue from SensorTower, Appleβs (AAPL) App store revenue increased to $3.4B, or 6.3% year-over-year, after 35 days in fiscal Q2, reported BofA analyst Wamsi Mohan. For January, App store revenue increased 7.0% year-over-year globally, outpacing app store download growth of 3.6%, adds the analyst, who keeps an Buy rating and $325 price target on Apple shares.Claim 50% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharpe