Apple

October Bump: App Store Revenue Jumps More than Usual in October

In October, the App Store experienced a notable increase in revenue, growing by 2.6% concurrently and double the typical sequential monthly rise, supporting a 15% year-on-year increase in revenue for the month.
By Blip Tech 1 min read

In October 2024, Apple's App Store saw a significant increase in revenue, growing by 2.6% compared to the previous month. This growth was double the average sequential monthly rise of 1.1% seen in previous years. Analysts believe this supports a 15% year-on-year increase in revenue for October and indicates robust Services revenue forecasts for the Q1 2025 financial results. App Store downloads also tracked above seasonal levels, with a 3% increase on a month-to-month basis.

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