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App Store hit record revenue in July, Apple says

updated 03:06 pm EDT, Tue August 5, 2014

Also claims record number of customers

The App Store witnessed record revenue figures in July, Apple tells business network CNBC. The platform is also said to have achieved a record number of people making transactions. Apple has not, however, provided any specific figures, something it usually reserves for press events, major milestones, and/or quarterly results calls.

During its Q3 call, Apple CEO Tim Cook commented that iTunes was its fastest-growing business, riding mostly on the App Store. The company's combined iTunes/software/services segment grew revenue 12 percent year-over-year to $4.485 billion.

by MacNN Staff




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