Revenue from the App Store has reportedly taken a hit in the last quarter due to a decline in revenue from games, but Apple’s services growth overall will continue.
Apple’s App Store revenue fell in September as game purchases cooled, Morgan Stanley says
Morgan Stanley said App Store revenue declined about 5% in September, the steepest drop since the bank started modeling the data in 2015.
Apple App Store Sales Are Dropping, But Here’s Why Morgan Stanley Remains Bullish
Apple Inc (NASDAQ: AAPL) shares have taken a beating in the past couple of days after Bank of America downgraded the stock last week. On Monday, Morgan Stanley analyst Erik Woodring said the latest mo …
Apple and Amazon’s $170M Antitrust Fine Overturned by Italian Court
An administrative court in Italy today scrapped a €173.3 million ($170.4 million) fine leveled at Apple and Amazon last year for …
App Store sees ‘worst decline in history of data’ as September net revenue falls 5%: MS
App Store saw net revenue decline 5% year-over-year in September, investment firm Morgan Stanley said, believed to be …
Crime blotter: A California Apple Store robbery is caught on TikTok
In the latest Apple Crime Blotter, Mike Lindell sues the FBI over his seized iPhone, a mayor’s security detail stops a robbery near an Apple Store, and “The iPhone Man” is charged as part of a …
Apple Korean Office Raided by Regulator Probing App Store Fees, Report Says
Investigators from the Korea Fair Trade Commission were investigating claims Apple took a bigger cut of in-app purchases than it was supposed to.
Apple removed The OG App from the App Store for unauthorized access of Instagram’s services
Apple removed The OG App, an ad-free Instagram client, from its App Store. Meanwhile, Meta says the app breaks its rules.
Apple, Alphabet, Amazon, Tesla, Microsoft and Meta Lost $260Bn in 24 Hours
The most valuable company in the world thus lost over $119 billion in market capitalization in one session. The caution around Apple comes as the iPhone maker has just launched the iPhone 14. Will …
Korean antitrust authority raids Apple offices in App Store probe
A Korean antitrust authority has raided Apple’s offices in Seoul recently, to investigate Apple’s 33% App Store fee in the region.
Apple Watch Ultra & AirPods Pro 2 impress, iOS 16 bugs, Apple Store experiences
Real-world testing shows that AirPods Pro 2 has remarkably improved noise cancellation, while putting the Apple Watch Ultra to the test confirms its great battery life. There’s also disaster tech, …
Apple Opens the App Store to NFTs, But Will the 30% Tax Ruin the Opportunity?
A recent post highlighting Apple’s policy of imposing a 30% commission on all NFT trades conducted through apps listed in the App Store has triggered a flurry of outraged articles throughout Web3.
Tomorrow’s car dealership might look more like the Apple Store
Their business is changing fast, however, as car sales move online and electric vehicles get more popular. Why it matters: Consumers have plenty of gripes about the car-buying process. But they still …
Apple Executive Reportedly Leaving Company After Making Sexual Joke In Viral TikTok
The VP told a TikTok creator he fondled “big-breasted women” in an apparent reference to the 1981 film “Arthur.” …
Apple removes VKontakte, Russia’s largest social network, from the App Store
Tens of millions in Russia lost their ability to download one of the country’s most popular social networks earlier this week. Apple announced Tuesday that it removed VKontakte (VK) from its global …
Apple App Store pulls Russian social network VKontakte
Apple on Wednesday confirmed that it removed popular Russian social network VKontakte from its App Store globally due to sanctions imposed by Britain.
TikTok breaks records as top grossing app in Q3, as overall app store revenue declines
Consumers reduced their mobile app spending in the third quarter of 2022 by roughly 5%, but the social video app TikTok just delivered another record-breaking quarter on this front. For the fourth …