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 increased from 45.9K to 59.3K
20 February
United States. CFTC Aluminium speculative net positions. The value of the indicator has increased from -3.2K to -2.7K
20 February
United States. CFTC Crude Oil speculative net positions. The value of the indicator has increased from 117.8K to 141.3K
20 February
Australia. CFTC AUD speculative net positions. The value of the indicator has increased from 33.2K to 45.9K
20 February
United States. CFTC S&P 500 speculative net positions. The value of the indicator has decreased from -105.1K to -177.8K
20 February
Top news
United States. PCE price index (YoY). The value of the indicator has increased from 2.8% to 2.9%
20 February
United States. GDP (QoQ). The value of the indicator has decreased from 4.4% to 1.4%
20 February
United States. Core PCE Price Index (YoY). The value of the indicator has increased from 2.8% to 3%
20 February
European Union. Manufacturing PMI. The value of the indicator has increased from 49.5 to 50.8
20 February
United States. Trade Balance. The value of the indicator has decreased from $-53B to $-70.3B
19 February
All news

Forecasts

Silver buy
Period: 01.03.2026 Expectation: 7500 pips
Investing in silver with $86 in sight
Indicators and reports TA Other Indicators Chart analysis
20 February 2026 77
Sinclair_John
Brent sell
Period: 28.02.2026 Expectation: 90 pips
Brent crude selloff with $71.30 target
Chart analysis
20 February 2026 68
McCarthy_Raymond
Brent sell
Period: 28.02.2026 Expectation: 550 pips
Brent crude is vulnerable to steep pullback on geopolitical de-escalation
Technical analysis FA Other TA Other Indicators Fundamental analysis
20 February 2026 47
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
AUDCAD buy
Period: 28.02.2026 Expectation: 1120 pips
Temporary surge in oil prices won’t stop AUDCAD’s long-term ascent
Technical analysis FA Other Indicators and reports Indicators Fundamental analysis
20 February 2026 46
Emily_Foster
USDCAD buy
Period: 31.03.2026 Expectation: 900 pips
Investing in USDCAD when American GDP beats forecasts
FA Other Chart analysis
20 February 2026 40
McCarthy_Raymond
Brent sell
Period: 30.04.2026 Expectation: 200 pips
Selling Brent crude as it climbs to $73.0
Indicators and reports Chart analysis
20 February 2026 32
Bruce_Powers
Go to forecasts