Morgan Stanley: Apple’s App Store Growth Accelerated In July Driven By Strength In China
Analysts say low expectations give Apple room to overachieve, even after two ... Apple has had a strong 2019 so far, with the stock up more than 45% ... setup into earnings, Morgan Stanley Katy Huberty wrote on July 22. ... China demand/tariffs and services growth are predictably the top investor issues... ... on Apple (NASDAQ:AAPL) after Sensor data showed growth driven by ... App Store net revenue growth accelerated to +25.8% Y/Y in August from +18.9% in July, representing the strongest Y/Y .... enue growth, largely driven by Services acceleration, and $14.05 EPS in FY19 ... Greater China Semiconductor stocks, also launches coverage of Win. We view AR ... input that transferred the power of compute to your hand. With the ... We liken the impact of AR to the launch of the Apple App Store in 2008.. Apple analyst: "We shrug and look forward to the fall launch. ... July 23, 2014 3:06 AM EST ... with growth driven >2/3 by 1) larger-screen iPhone 6 cycle and >1/4 ... out by 3) ongoing App Store growth while potential for 4) iPad cycling ... Katy Huberty, Morgan Stanley: Gross Margin Guide Dilutes Bear Case.. Morgan Stanley analyst Katy Huberty reported that data from Sensor Tower ... App Store revenue growth reaccelerated to 19% year-over-year in July, up from just ... Three of the App Store's five largest markets - China, the U.S. and Taiwan ... Q2 results and raised guidance. driven by the 41% U.S. revenue growth in spite of.... The July reacceleration was driven by strength in China, according to Morgan Stanley, where App Store revenue rose 20%. "It is admittedly too.... e = Morgan Stanley Research estimates, a = Actual Company ... Software and Other and the App Store would each contribute about of. Apple's total Services revenue growth through 2025. ... content announcements accelerated in June, with Deadline and Variety ... Additional Video-Driven Paid Subs (M).. ... on Apple (NASDAQ:AAPL) after Sensor data showed growth driven by ... App Store net revenue growth accelerated to +25.8% Y/Y in August from +18.9% in July, representing the strongest Y/Y growth since February ... According to the Morgan Stanley analysts, China contributed significantly to the App.... June quarterly revenue records. For the App Store, results were even more impressive when considering the Chinese government reportedly.... Speaking first is Apple's CEO, Tim Cook, and he'll be followed by CFO, Luca Maestri. ... We're thrilled to report a return to growth and a new June quarter revenue record of $53.8 ... increase in services driven by strong growth from the App Store in China. ... Our next question will come from Katy Huberty with Morgan Stanley.. The company saw its largest monthly acceleration in App Store revenue since ... this year than last year, accelerating from 18.9% year-over-year growth in July. ... Apple's services revenue includes App Store sales, iTunes ... the App Store billing platform," Morgan Stanley analyst Katy Huberty points out.. Apple, Inc. (NASDAQ:AAPL) Q3 2019 Earnings Conference Call July 30, 2019 5:00 PM ET ... Katy Huberty - Morgan Stanley ... We were especially pleased with a double-digit increase in services driven by strong growth from the App Store in China. ... Wearables, home and accessories revenue accelerated across all our.... July 31 2018 ... For the first time in seven years, Apple is not among the world's top two ... to the lurking threat that China still poses to Apple's continued strength ... in its most recent quarter was largely driven by the high-priced iPhone X, ... .... Morgan Stanley is telling its investors that the growth of Apple's App Store is ... pushed overall App Store revenues to grow approximately 19% during July. ... showed an overall acceleration in App Store net revenue growth.. Morgan Stanley analysts say that Apple's App Store is seeing high revenue ... App Store growth accelerated in July driven by strength in China.. Apple to report fiscal third-quarter results after the close Tuesday, ... It looks like competing app stores in China might be one factor slowing AAPL's services growth. ... year and that weakness accelerated in June as trade tensions grew. ... Morgan Stanley recently raised its price target for AAPL, and expects.... Morgan Stanley: Apple's App Store growth accelerated in July driven by strength in China. Wednesday, August 7, 2019 11:35 am No Comments News.. Although Apple does not disclose unit sales by region, we estimated that ... firm App Annie reported that China surpassed the US in iOS App Store downloads in 1Q15. ... when Chinese smartphone users transition from basic, price-driven ... and we believe we could see some acceleration in the smartphone.... Following the announcement of Apple's record-setting June quarter revenue of ... The 13% year-on-year growth, was driven by the App Store, Apple Music, ... 500 million in 2020, as well as a relaxation of App Store gaming in China. ... The results "largely played out" to Morgan Stanley's expectations, with...
Apple earnings beat expectations, iPhone and services sales disappoint ... increase in Services driven by strong growth from the App Store in China," Chief ... On July 29, Arcuri said that Apple's earnings were unlikely to be a material catalyst, ... Morgan Stanley, Katy HubertyOverweight, price target $247Sees potential for...
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