Apple App Store downloads drop for first time in years, but revenue still soars - Android Authority
Apple App Store downloads drop for first time in years, but revenue still soars Android AuthorityOver at the Apple App Store, the company saw a decline in downloads year-over-year for the first time since 2015. However, App Store revenue exploded, ...
has an earnings call scheduled for the end of April, but Morgan Stanley already has some numbers to divulge related to the Apple App Store (as reported by ).
According to Morgan Stanley, the saw 5 percent fewer app and game downloads in the first quarter of 2019 as it did during the same time period in 2018. That’s the first time that Apple has seen a drop in download rates since 2015.
However, it’s not all bad news for Apple. During the same time period as it saw that 5 percent drop in downloads, it also saw a whopping 15 percent growth in revenue, estimated to be at about $3.7 billion (via ).