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Apple Blocks Developers From Updating Gaming Apps In China Without Government Approval: Report
Thursday, July 2, 2020 - 5:13am | 314Read More...Apple Inc. (NASDAQ: AAPL) is blocking developers from updating existing apps on its App Store in China if they don't have relevant approvals from the country's government, the Financial Times reported Wednesday. What Happened The consumer electronics giant until June 30 allowed games to be...
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Chinese Are Buying Fewer iPhones But Growth In App Store Signals Rebound For Apple: Report
Wednesday, June 24, 2020 - 3:57am | 388Read More...As China canceled coronavirus lockdowns, the sales of Apple Inc’s (NASDAQ: AAPL) iPhone saw a resurgence, but May data shows a reversal in the trend. What Happened Citing Shanghai-based research and consulting company CINNO Research’s figures, CNBC noted Tuesday that sales of iPhones...
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Apple To Let Developers Challenge App Store Guidelines, Push Bug Fixes After Uproar
Tuesday, June 23, 2020 - 8:34am | 434Read More...Apple Inc. (NASDAQ: AAPL) announced Monday that it's making changes to improve the experience of app makers during the review process at its App Store. What Happened: The consumer electronics giant said it will give developers an option to challenge the company's App Store review...
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Morgan Stanley Bullish On Rising App Store Revenue, Raises Apple Price Target
Wednesday, June 3, 2020 - 11:00am | 402Read More...Data from Sensor Tower points to Apple Inc. (NASDAQ: AAPL) growing its App Store net revenue by 39% year-over-year in May, and this trend bodes well for the stock, according to Morgan Stanley. The Apple Analyst Katy Huberty maintained an Overweight rating on Apple and lifted the price...
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Duda Launches App Store After Announcing $25M Investment Round
Monday, February 17, 2020 - 10:49am | 824Read More...In the highly competitive world of website building platforms, one company is standing out for two good reasons – a recent $25m equity investment from SGE; and its integration of best-in-breed apps directly on their platform. Palo Alto-based site building platform Duda recently announced the...
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Supreme Court Says iPhone Users Could Sue Apple Over App Store: What To Know
Tuesday, May 14, 2019 - 8:30am | 439Read More...The U.S. Supreme Court ruled in a 5-4 decision Monday that a group of Apple Inc. (NASDAQ: AAPL) users can sue the iPhone maker for monopolistic behavior. What Happened As part of the ruling, consumers should have the ability to sue Apple because they're the end users of apps on Apple's App...
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Morgan Stanley Talks Apple App Store Trends
Thursday, April 4, 2019 - 3:50pm | 337Read More...Data from Sensor Tower shows that Apple Inc. (NASDAQ: AAPL)'s App Store collected $3.7 billion in net revenue throughout the March-ending quarter, which is slightly lower than what Morgan Stanley was modeling. The Analyst Morgan Stanley's Katy Huberty maintains an Overweight rating on Apple...
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Apple Hits Back At Spotify's Antitrust Complaint, Says Music Streamer Wants Free App Benefits While Charging Fee
Friday, March 15, 2019 - 12:07pm | 534Read More...Apple Inc. (NASDAQ: AAPL) responded to an antitrust claim from streaming music provider Spotify Technology SA (NYSE: SPOT) in a Thursday statement, saying Spotify wants to reap all the benefits its App Store ecosystem offers without paying for them. What Happened Spotify filed...
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KeyBanc Warns Apple Investors: 'Spotify Complaint Has Merit'
Wednesday, March 13, 2019 - 12:43pm | 423Read More...Streaming music leader Spotify Technology SA (NYSE: SPOT) has filed a complaint with the European Commission accusing Apple Inc. (NASDAQ: AAPL) of implementing noncompetitive practices with its App Store, and one Wall Street analyst is warning Apple investors the complaint should be taken seriously...
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Analyst Says Apple's App Store Spending Is Likely To Slow In 2019
Thursday, January 24, 2019 - 1:45pm | 413Read More...Apple Inc. (NASDAQ: AAPL) has stumbled out of the gates in 2019, and the latest date from App Annie suggests negative commentary from analysts about an Apple slowdown may be right on the money. App Annie Projections App Annie is projecting global app store spending will surpass $120 billion in 2019...
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Pro: Why Apple's Stock Is Undervalued
Friday, November 30, 2018 - 1:09pm | 408Read More...With the stock down more than 15 percent over the past month alone, Apple Inc. (NASDAQ: AAPL) could be seen as being in a "period of undervaluation," ARK Investment Management CEO Cathie Wood told Bloomberg TV. What Happened Wall Street analysts are wrongly focusing their attention...
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BofA: App Store Litigation Could Impact Apple's 30% Developer Commission
Tuesday, November 27, 2018 - 2:01pm | 478Read More...Apple Inc. (NASDAQ: AAPL) is defending a lawsuit dealing with the Apple Store consumers' ability to sue the company. A Supreme Court decision in the case could affect Apple's share price, according to Bank of America Merrill Lynch. The Analyst Analyst Wamsi Mohan maintained a...
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Bank Of America's Bullish Apple Stance Unchanged Despite App Store Deceleration
Thursday, November 1, 2018 - 11:36am | 440Read More...Third-party data from app intelligence firm Sensor Tower and Bank of America Merrill Lynch point to a deceleration in Apple Inc. (NASDAQ: AAPL)'s App store revenue in October, the sell-side firm said this week. The Analyst Bank of America Merrill Lynch's Wamsi Mohan maintains a...
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Morgan Stanley: Deceleration In China Could Leave Apple Services Revenue Below Consensus
Thursday, October 18, 2018 - 10:48am | 451Read More...China seems to be emerging as Apple Inc. (NASDAQ: AAPL)'s Achilles' heel, with the sell-side harping over its potential impact on the iPhone maker. The Analyst Morgan Stanley analyst Katy Huberty maintained an Overweight rating on Apple with a $247 price target. The...
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Apple Services Revenue: Not All Fun And Games
Tuesday, August 21, 2018 - 3:10pm | 336Read More...A decline in the share of Apple Inc. (NASDAQ: AAPL) Services revenue contributed by gaming is good news, as it's evidence of diversification, according to Bank of America Merrill Lynch. The Analysts Analyst Wamsi Mohan reiterated a Buy rating on Apple and increased the price target from $...
















