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Thursday, 7 May 2020

Apple's AppStore scores best monthly revenues in years

Apple saw a strong 31% yearly growth in App Store revenues for April totaling $1.7 billion. This, in turn, is the strongest monthly performance for Apple's platform since September 2017. The numbers are based on preliminary data from Sensor Tower and were first reported by investment bank Morgan Stanley. They also confirm that the app economy is more than well off during the COVID-19 pandemic and is one of the beneficiaries of social distancing policies. Total app downloads also grew by 40% YoY which in itself is a milestone for Apple and also marked the fourth month in a row of...



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