Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
2 November 2022 | Other

Apple's App Store Revenue Declines

Apple Inc

On Thursday, analysts of BofA Securities published a note indicating that Apple's shares still have a neutral rating and the $160 price target. Investors announced that App Store revenues declined in comparison with the previous year.

Analysts suppose the global revenue of the App Store in the first quarter fell to $2.4 billion (SensorTower data) in annual terms, and the number of downloads for Apple gadgets increased by 2%.

They think that the recent growth of prices for applications in several regions will partially compensate for the fall of the App Store’s revenues. The overall level of demand decline continues to rouse concern.



Company MarketCheese

Recommended

United States. CFTC Copper speculative net positions. The value of the indicator has decreased from 92.5K to 75.1K
18 September
United States. CFTC Aluminium speculative net positions. The value of the indicator has decreased from -0.3K to -0.4K
18 September
United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 136.6K to 135.9K
18 September
Australia. CFTC AUD speculative net positions. The value of the indicator has decreased from -34.9K to -38.9K
18 September
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has increased from -58.8K to -58.7K
18 September
Top news
Japan. BoJ Interest Rate Decision. The value of the indicator has increased from 1% to 1.25%
18 September
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
17 September
European Union. CPI (MoM). The value of the indicator has decreased from 2.9% to 0.4%
17 September
United States. Fed Interest Rate Decision. The value of the indicator has increased from 3.75% to 4%
16 September
United States. Retail Sales (MoM). The value of the indicator has increased from -0.5% to 1.2%
16 September
All news

Forecasts

AUDCAD buy
Period: 31.10.2026 Expectation: 300 pips
Buying AUDCAD with 1.0000 in sight
FA Other TA Other
Today at 09:43 AM 9
Bruce_Powers
USDJPY buy
Period: 31.10.2026 Expectation: 700 pips
Invest in USDJPY up to 157.70
FA Other TA Other
Today at 09:43 AM 9
McCarthy_Raymond
Gold sell
Period: 31.10.2026 Expectation: 3000 pips
Gold sell-off targets $4,000
FA Other TA Other
18 September 2026 38
McCarthy_Raymond
USDJPY sell
Period: 30.11.2026 Expectation: 5700 pips
Selling USDJPY down to 150.00
FA Other TA Other
18 September 2026 29
McCarthy_Raymond
GBPUSD buy
Period: 30.09.2026 Expectation: 1500 pips
Invest in GBPUSD up to 1.36270
FA Other TA Other
17 September 2026 43
McCarthy_Raymond
S&P 500 sell
Period: 15.10.2026 Expectation: 1000 pips
Selling SPX down to $7,490
FA Other TA Other
16 September 2026 62
McCarthy_Raymond
Go to forecasts