App Store revenue grew more than usual in October
Apple’s App Store saw a jump in revenue in October, analysts say, with downloads in the month also trending higher than usual.
Like many other areas of Apple’s empire, the App Store experiences seasonality when it comes to purchases and downloads of apps. In October, analysts saw an improvement in tracked metrics that go beyond what typical seasonal figures.
In the data from Sensor Tower for the month of October seen by J.P.Morgan and shared with AppleInsider, revenue from App Store purchases grew by 2.6% in concurrent months. This follows the 2.3% drop in revenue in concurrent months from August to September.
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Source: AppleInsider News
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