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Apple’s global App Store revenue surges 12% year over year in June

  • Apple's global App Store revenue surged 12% year over year in June, reaching $8.4 billion in Apple's fiscal third quarter.
  • Downloads grew more modestly with a 4.3% increase to 8.6 billion, while revenue per download rose by 6.9% to $0.98.
  • Despite recent concerns, Bank of America noted no adverse impact on revenue post the Epic Games ruling.
  • Various categories like Photo & Video, Lifestyle, Books, Education, Utilities, and Productivity witnessed growth, indicating potential long-term revenue growth for Apple's App Store.

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