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Sensor Tower reveals that Apple’s App Store Performance in October was Impressive to kick-off Calendar Q4

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October data shared by Sensor Tower by JPMorgan Chase showed that Apple's App Store revenue increased by 15% year-on-year, downloads increased by 7.5% year-on-year, and the average selling price of apps increased by 7.3% year-on-year.

According to agency data, Apple's App Store revenue grew 15% year-on-year in October, and 14% in September this year, supporting strong service revenue forecasts for the first quarter of fiscal year 2025 (fourth quarter of 2024). IT Home attaches the relevant pictures as follows:

2A-Senor Tower chart
The report pointed out that the number of downloads from Apple's App Store increased by 3% month-on-month in October, higher than the average increase of 2.4% in the same period; the number of downloads in October increased by 7.5% year-on-year, compared with 6.6% in September. Source: IT Home

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