Set as Homepage - Add to Favorites

【I Want To Be The First Guy】

Source：Feast Information Network Editor：Shopping Time：2025-06-26 16:57:32

In the wake of a historic stock price drop,I Want To Be The First Guy Apple surprised investors with some good news on Thursday.

Customers helped Apple set an App Store sales record during the 2018 holiday season. This news comes just one day after the company lowered revenue expectations for its holiday quarter, resulting in a loss of $57 billionin market value.

According to Apple, App Store customers spent more than $1.22 billion on app and game downloads and subscription purchases between Christmas Eve and New Year’s Eve.

This is the most money ever spent in the App Store in a single week. In addition to the $1.22 billion record, Apple customers set a new single-day record. iPhone and iPad users spent more than $322 million on New Year’s Day.

Gaming and self-care categories took the lead in app downloads and subscriptions during the holiday week. Fortnite and PUBG were the most downloaded games over the seven-day span.

Mashable Light Speed Want more out-of-this world tech, space and science stories? Sign up for Mashable's weekly Light Speed newsletter. By clicking Sign Me Up, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy. Thanks for signing up!
SEE ALSO: A fake Amazon Alexa app somehow got into the iOS App Store

This new App Store record brought the company’s services revenue to an all-time record during the holiday season This includes services such as the App Store, iCloud, Apple Music, and Apple Pay.

The App Store’s holiday milestone provides Apple with a much needed positive story just one day after the company’s worst day in years.

On Wednesday, Apple halted stock tradingwhile CEO Tim Cook addressed investors with a letter lowering the iPhone maker’s quarterly revenue projections by $9 billion.

Cook pointed to lackluster iPhone salesand the U.S.-China trade war as reasons for the company’s lowered revenue expectations. Apple stock tanked after, with the company’s falling to fourth most valuable market share behind “most valuable” position other tech giants like Microsoft, Amazon, and Google.

However, this App Store news could also strengthen Apple’s defense to criticism when the company made the decision to no longer disclosethe number of units sold for its products like the iPhone. Apple claims that total sales numbers of its hardware no longer reflect how the company is doing. The Cupertino-based company argued that because there are already so many existing iPhone users, the sales numbers for its services, such as app downloads, are a much more accurate indicator.

With lower than expected iPhone sales cited as a reason for Apple’s fall from grace on Wednesday, the App Store’s record-breaking holiday performance may just put Apple’s argument to the test.

Featured Video For You
Apple patent filing has us excited about the new AirPods design

Topics Apple iPhone

Previous：NYT Strands hints, answers for April 14

Next：Character AI reveals AvatarFX, a new AI video generator

Related Articles
Related Recommendations
Categories
Latest Articles
Popular Articles
Hot Recommendations
Featured Column

Quick Links

Score Chromebooks for as low as $129 ahead of Cyber MondayNYT's The Mini crossword answers for November 25Blue checks are gone: The 13 best tweets the week Elon Musk killed Twitter's legacy checkmarksToothless: On the Dentist, Powerlessness, and ‘Pnin’I tried SKIMS' TikTokCarnival and Chaos: An Interview with Herbert Gold by Robert KaiserLight Effects: On Miyoko Ito’s Abstract InventionsAmerica’s First Female Mapmaker by Ted WidmerPoetry Rx: It’s Not Sad at All, Any of ItRedux: Tom Wolfe, Barbara Grossman, and Gwyneth Lewis by The Paris ReviewFragile but Fixable: The Collages of Deborah Roberts by Deborah Roberts'Love is Blind''s live reunion crashed Netflix. The internet reacted.Best early Cyber Monday Apple AirTags deals in 2023Early Cyber Monday: Lego Ideas BTS Dynamite kit on sale for $64.99 at AmazonA Disgruntled Federal Employee’s 1980s Desk CalendarToothless: On the Dentist, Powerlessness, and ‘Pnin’Poetry Rx: Won’t You Celebrate with Me?Netflix is officially eliminating password sharingEarly Cyber Monday MacBook deals: M1, M2, and M3 at record lowsThree Brief Encounters with Anthony Bourdain Social media influencers, it's time to be truthful about your #ads Global warming made Australia's record Wedding dress made from Taco Bell burrito wrappers is anything but mild Meet one of Indonesia's most unlikely YouTube celebrities: The president Want to leave an angry comment? This site forces you to take a test first. Gmail finally doubles email attachment limit, but it means nothing This public library is offering 'Adulting 101' classes for Millennials French far Google really, really wants you to try messaging with Allo, please Don't be fooled, Snap isn't a 'camera company' Little kid aims his pro stink eye at a chip thief Backstreet Boys' Las Vegas residency proves the band is still 'Larger Than Life' Accountants in Oscar mistake off the show America's dad Tom Hanks gifts the White House press corps a new coffee machine Here's a device that make dads feel pregnant. Hey, why are you running away? Come baaaack! Clippy is back, and this time it's coming for your browser Japan's biggest messenger is taking on Amazon's Alexa Nintendo Switch cartridges taste disgusting but that's not stopping anybody Lorde is back with a euphoric breakup song, 'Green Light' WhatsApp might be testing a business feature in its biggest market

1.6303s , 8221.8984375 kb

Copyright © 2025 Powered by 【I Want To Be The First Guy】,Feast Information Network  

Sitemap

Top

Quick Links