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Apple (AAPL) app store trends 'marginally improved' in June quarter - BofA

July 7, 2023 7:59 AM EDT

Apple's (NASDAQ: AAPL) App Store revenue has seen stronger growth in the third quarter, BofA analyst Wamsi Mohan told investors in a note Friday.

Citing SensorTower data, Mohan said App Store revenues in F3Q23 (after 91 days) increased to $6.6 billion, up 5.9% year-over-year, with total downloads... More