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. 10-Year Note Auction. The value of the indicator has decreased from 4.175% to 4.173%
Yesterday at 6:04 PM
United States. CB Employment Trends Index. The value of the indicator has decreased from 104.64 to 104.27
Yesterday at 3:01 PM
United States. CFTC Copper speculative net positions. The value of the indicator has decreased from 59.8K to 57.9K
9 January
United States. CFTC Aluminium speculative net positions. The value of the indicator has decreased from -2.4K to -2.7K
9 January
United States. CFTC Crude Oil speculative net positions. The value of the indicator has decreased from 64.6K to 57.4K
9 January
Top news
United States. Nonfarm Payrolls. The value of the indicator has decreased from 56K to 50K
9 January
United States. Unemployment Rate. The value of the indicator has decreased from 4.5% to 4.4%
9 January
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.3% to 0.2%
9 January
United States. Trade Balance. The value of the indicator has increased from $-48.1B to $-29.4B
8 January
European Union. Unemployment Rate. The value of the indicator has decreased from 6.4% to 6.3%
8 January
All news

Forecasts

AUDCAD buy
Period: 31.01.2026 Expectation: 560 pips
Buying AUDCAD up to 0.9360
Indicators and reports Chart analysis
Yesterday at 11:25 AM 32
McCarthy_Raymond
Gold sell
Period: 16.01.2026 Expectation: 6000 pips
Selling gold if US inflation surges
Indicators and reports Chart analysis
Yesterday at 11:25 AM 43
Bruce_Powers
Silver sell
Period: 19.01.2026 Expectation: 7210 pips
Silver market in profit-taking mood
TA Other Technical analysis Indicators Hot news Fundamental analysis
Yesterday at 11:14 AM 19
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Gold buy
Period: 23.01.2026 Expectation: 5000 pips
Gold eyes $4,700 after successful test of $4,600 support
FA Other Indicators Chart analysis
Yesterday at 09:58 AM 31
Tom_Kern
S&P 500 buy
Period: 19.01.2026 Expectation: 1000 pips
Political jitters drive S&P 500 into short-term correction
Technical analysis Indicators and reports Indicators Hot news Fundamental analysis
Yesterday at 07:43 AM 32
Emily_Foster
Gold buy
Period: 31.01.2026 Expectation: 150 pips
Buying gold on dips with $4,500 target
FA Other Chart analysis
30 December 2025 399
Bruce_Powers
Go to forecasts