BofA reports that data on developer revenue from SensorTower indicates that Apple’s (AAPL) App Store revenues in fiscal Q2-to-date after 65 days grew 14% year-over-year to $5.3B. For the month of February, App Store revenue increased 9% year-over-year globally, though after adjusting for an extra day last year, global App Store revenue grew about 13% from the same month of last year, the analyst tells investors. BofA, which leaves estimates unchanged, keeps a Buy rating and $265 price target on Apple shares.
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