Apple’s App Sales Hit Record $1.4 Billion in Final Days of 2019
Photographer: Jaap Arriens/NurPhoto via Getty Images)
This article is for subscribers only.
Apple Inc. shares hit a new high on Wednesday after the company said customers spent a record amount in its App Store during the final days of the holiday season.
App Store spending totaled $1.4 billion between Christmas Eve and New Year’s Eve, up 16% from the same period in 2018, the Cupertino, California-based company said in a blog post. The stock rose as much as 1.6%, pushing its gains since the end of 2018 to 92%.