BofA analyst Wamsi Mohan says Apple’s App Store revenue after 67 days in fiscal Q4 is estimated to have increased to $5.7B, up 12% year-over-year, according to data on developer revenue from SensorTower. For the month of August, App store revenue increased 12% year-over-year globally and 9% year-over-year in China, notes the analyst, who maintains a Buy rating and $256 price target on Apple shares.
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