From Financial Modeling Prep: 2025-04-02 09:15:00

Apple’s App Store revenue grew 15% YoY to $8.6 billion in fiscal Q2 2025, driven by increased downloads and higher app monetization. Total downloads on iPhone and iPad rose 5% YoY to 8.9 billion, with revenue per download up 9% to $0.95. Productivity apps saw a 54% surge, led by ChatGPT-powered apps.

In March alone, global App Store revenue increased by 11%. User engagement for ChatGPT soared, with DAUs jumping from 4 million to 20 million on the App Store and from 13 million to nearly 75 million on the Unified App Store. Apple TV’s expansion to Android devices showed promise, with 1.5 million DAUs in March.

Bank of America projects Apple’s total services revenue to grow 12% YoY in fiscal Q2 2025 and 13% for the full year. The bank maintains a Buy rating on Apple with a $265 price target. Investors can access detailed financial data through the Full Financials endpoint for deeper insights into Apple’s performance and growth metrics.



Read more at Financial Modeling Prep:: Apple’s App Store Revenue Surges 15% YoY in Q2 202…