Apple: July was a Record Setting Month for App Store Revenue
Apple has told CNBC the company’s App Store hit record-setting revenue numbers in July, plus also had a record number of customers making transactions as well.
After Apple’s recent third quarter earnings announcement, CEO Tim Cook told CNBC, “I couldn’t be happier. This is the best execution of any quarter since I’ve been at Apple.”
Apple’s iTunes software and services were the fastest growing segment of business in the first 9 months of the company’s fiscal year, according to the company’s earning’s call. The App Store has well over a million apps for customers.
Tim Cook was elated about July, and sent out the following tweet:
Thanks to our amazing developer community! Apple says July was record-setting month for app store revenue http://t.co/BI8wFTTG5V
— Tim Cook (@tim_cook) August 5, 2014
Apple is expected to announce its upcoming iPhone 6 event on September 9, according to Re/code. It’s going to be an exciting fall for Apple, which executive Eddy Cue previously said will have “the best product pipeline” he’s seen in 25 years at the company.