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Benzinga
Benzinga
Business
Anusuya Lahiri

Apple Services Revenue Trajectory Signals Softness With Weaker App Store Downloads: Analyst

Apple App Store Apple Services Samik Chatterjee AAPL Sensor Tower
App Store

Sensor Tower data showed that Apple’s (NASDAQ:AAPL) App Store revenue and downloads grew in August, but slower than historical trends.

Year-over-year revenue growth eased to 11.2% and downloads rose 2.2%, signaling a softer trajectory for Apple’s Services segment.

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