App Store data backs up better-than-expected June quarter beat, analyst says

App Store data backs up better-than-expected June quarter beat, analyst says

AppleInsider

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Apple App Store growth estimates for June suggest strong Services outperformance and increases Morgan Stanley's confidence of a significant June quarter earnings beat.

Credit: Apple
In a note to investors seen by AppleInsider, lead analyst Katy Huberty estimates that the App Store will grow 18% between June 1 and June 22, suggesting nearly five points of outperformance compared to her earlier forecast.

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