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Benzinga

Business

Piero Cingari

Apple's App Store Just Had A Blowout Quarter—And That Might Be The Signal Bulls Needed

Apple App Store Microsoft Microsoft Corp NVDA Nvidia Corp Wamsi Mohan

Portland,,Or,,Usa,-,Dec,28,,2023:,App,Store,Icon

Apple Inc. (NASDAQ:AAPL) has been a rare laggard among the tech giants in 2025, down 15% year-to-date and underperforming peers like Nvidia Corp. (NASDAQ:NVDA) and Microsoft Corp. (NYSE:MSFT).

But a powerful mix of seasonal strength, rising App Store revenue and improving sentiment could set up the stock for a rare comeback—and Bank of America thinks the recent data might mark a potential turning point.

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