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 increased from -0.038M to 0.153M
Today at 2:30 PM
United States. Gasoline Inventories. The value of the indicator has decreased from -2.504M to -4.084M
Today at 2:30 PM
United States. Gasoline Production. The value of the indicator has increased from -0.275M to 0.222M
Today at 2:30 PM
United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from -0.648M to -1.702M
Today at 2:30 PM
United States. Crude Oil Inventories. The value of the indicator has decreased from -2.313M to -4.306M
Today at 2:30 PM
Top news
European Union. GDP (QoQ). The value of the indicator remained at the same level of 0.1%
Today at 9:02 AM
United States. CPI (YoY). The value of the indicator has increased from 3.3% to 3.8%
Yesterday at 12:30 PM
United States. Nonfarm Payrolls. The value of the indicator has decreased from 185K to 115K
8 May
United States. Unemployment Rate. The value of the indicator remained at the same level of 4.3%
8 May
European Union. Retail Sales (MoM). The value of the indicator has increased from -0.3% to -0.1%
7 May
All news

Forecasts

USDCAD buy
Period: 13.06.2026 Expectation: 1000 pips
Go long on USDCAD with 1.38800 target in play
FA Other Indicators and reports Chart analysis Hot news
Today at 10:48 AM 14
Sinclair_John
Natural gas buy
Period: 20.05.2026 Expectation: 100 pips
Natural gas prices are correcting within upward channel ahead of another rally
Technical analysis FA Other Indicators Chart analysis Fundamental analysis
Today at 09:39 AM 11
Lyra_Moonwell1
NVIDIA Corporation buy
Period: 20.05.2026 Expectation: 1000 pips
Investing in NVIDIA stock with $230 in sight
FA Other Indicators and reports Chart analysis Hot news
Today at 09:06 AM 10
Reed_Marcus
EURUSD sell
Period: 20.01.2028 Expectation: 500 pips
Hot US inflation and geopolitical jitters weigh heavily on EURUSD
Technical analysis FA Other Indicators and reports Indicators Fundamental analysis
Today at 06:26 AM 16
Emily_Foster
BTCUSD buy
Period: 12.06.2026 Expectation: 4700 pips
Invest in Bitcoin up to $86,000
FA Other Indicators and reports Chart analysis Hot news
Yesterday at 10:09 AM 32
Reed_Marcus
GBPUSD buy
Period: 31.05.2026 Expectation: 1900 pips
Buying GBPUSD on low US inflation
Indicators and reports Chart analysis
Yesterday at 09:54 AM 35
Bruce_Powers
Go to forecasts