BofA notes that data on developer revenues from SensorTower indicate that Apple’s (AAPL) App Store revenues in fiscal Q2 increased to $8.6B, up 15% year-over-year. For the month of March, App Store revenue increased 11% year-over-year globally, according to SensorTower, the analyst added. BofA maintains a Buy rating and $265 price target on Apple shares.
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