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. Heating Oil Stockpiles. The value of the indicator has decreased from -0.081M to -0.241M
Yesterday at 2:30 PM
United States. Gasoline Production. The value of the indicator has increased from -0.462M to 0.309M
Yesterday at 2:30 PM
United States. Gasoline Inventories. The value of the indicator has increased from -5.436M to -2.593M
Yesterday at 2:30 PM
United States. Cushing Crude Oil Inventories. The value of the indicator has increased from 0.944M to 3.421M
Yesterday at 2:30 PM
United States. Crude Oil Inventories. The value of the indicator has increased from 6.156M to 6.926M
Yesterday at 2:30 PM
Top news
European Union. Manufacturing PMI. The value of the indicator has increased from 50.8 to 51.4
24 March
European Union. Trade Balance. The value of the indicator has decreased from 11.2B to -1.9B
20 March
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
19 March
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
19 March
United Kingdom. BoE Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
19 March
All news

Forecasts

AUDUSD buy
Period: 31.07.2026 Expectation: 3400 pips
Investing in AUDUSD up to 0.6770
FA Other Chart analysis
Today at 03:44 AM 5
McCarthy_Raymond
AUDCAD buy
Period: 31.08.2026 Expectation: 1500 pips
Investing in AUDCAD from 0.9540
FA Other TA Other
Today at 03:44 AM 5
Bruce_Powers
EURUSD sell
Period: 31.05.2026 Expectation: 4000 pips
EURUSD selloff targets 1.12000
Indicators and reports FA Other Hot news Chart analysis
Yesterday at 10:16 AM 22
Reed_Marcus
Natural gas sell
Period: 01.04.2026 Expectation: 130 pips
Warm weather sends natural gas tumbling toward November lows
FA Other TA Other Technical analysis Indicators Fundamental analysis
Yesterday at 09:41 AM 25
Emily_Foster
NVIDIA Corporation buy
Period: 30.04.2026 Expectation: 2000 pips
Buying NVIDIA stock from support level
Indicators and reports Hot news Chart analysis
Yesterday at 08:44 AM 26
Sinclair_John
USDCAD buy
Period: 01.04.2026 Expectation: 830 pips
USDCAD attempts to breach upper limit of ascending channel amid geopolitical fog
FA Other TA Other Technical analysis Indicators Fundamental analysis
Yesterday at 06:54 AM 17
Lyra_Moonwell1
Go to forecasts