9to5Macs report that App Store revenue fell 5%, games category fell 14%.
The App Store saw declines in markets including the U.S., Canada and Japan, Morgan Stanley analyst Erik Woodring wrote in a report Monday. His analysis was based on data from Sensor Tower, a firm that tracks app downloads and sales.CNBC
Morgan Stanley said the main culprit for the drop was gaming revenue, which was down 14% in September, according to the data.
- App Store revenue last month experienced its biggest drop in seven years
- Apple’s App Store revenue fell in September as game purchases cooled, Morgan Stanley says
Developer:Business as usual.
QA engineer:Business as usual.
PM/DM:Announce report to stakeholders.