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App Store continues growth as potential larger business risks for Apple loom

Investment bank Morgan Stanley highlighted potential risks to Apple’s Services business even as App Store revenue continued to grow throughout October.Credit: AppleIn a note to investors seen by AppleInsider, lead analyst Katy Huberty writes that preliminary data indicates that the App Store net revenue grew 30% year-over-year in the month of October. Read more…
Source: Apple Insider News and Secrets on New Apple Products

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