BofA Sees Strength for App Store - MOSK: 10.04.2023

Mac OS Ken

Ken Ray

Technology

4.7 • 996 Ratings

🗓️ 4 October 2023

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

- BofA Sees September-Quarter App Store Strength - Crackdown on Foreign Apps Hits App Store in China - Apple Loses IAP Appeal in Russia - Apple Seeds New Round of OS Betas to Developers - MacRumors Says Mystery iOS 17.0.3 Update on the Way - PayPal and Venmo Cards Now Slot into Apple Wallet and Apple Pay - 2023 HomePod Lands in Apple's U.S. Refurbished Store - Stanford Apple Watch Study to Eye Arrhythmia Detection in Kids - Apple TV+ Offers First Look at "Criminal Record" - Power what we do next for as little as $1 a month. Join the Mac OS Ken Test Kitchen at Patreon.com/macosken - Send me an email: info@macosken.com or call (716)780-4080!

Transcript

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0:00.0	This is Mac OSKIN.
0:06.8	Good news for App Store revenue,
0:11.0	bad news for App Store users in China, and word of OS updates big and small.
0:17.8	It is Wednesday, the 4th of October, 2023.
0:21.4	I'm Ken Ray, and this is news from Mecca West Ken brought to you by yours truly and
0:29.6	supported by people like you patrons through Patreon find out more and
0:36.6	that your support at patreon dot com slash macoWest can.
0:45.0	A new note from one analyst has some good news from Apple.
0:49.0	Seeking Alpha highlights a note from B of A analyst, Wamsi Mohan.
0:53.2	That's got the analyst seeing strong performance
0:55.6	for the App Store in general,
0:57.6	and in China in particular.
1:00.2	On the App Store generally,
1:01.8	Mr. Mohan has numbers from Censur Tower showing revenue and downloads up for the latest quarter.
1:09.6	The way they see it, app store revenue was up a little over 8.5% for the September quarter versus the same
1:15.1	quarter a year ago, coming in at $6.7 billion.
1:20.6	According to the firm's findings, downloads for both iPhone and iPad rose 5.9% year over year.
1:28.8	Shifting our focus to the Middle Kingdom, App Store revenue in China rose 9% year over year,
1:35.4	according to the report.
1:37.5	Seeking Alpha has Mohan indicating that even with the concern
1:40.8	about iPhone bans at certain government agencies in China, the strong
1:45.8	data in September is promising for Apple.
	...

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