Morgan Stanley: Apple App Store sales are booming

Apple product users have been spending a lot more time and money in the App Store during the COVID-19 pandemic shutdowns. Apple App Store sales climbed 35% in the first two months of Apple’s third quarter, Morgan Stanley analyst Katy Huberty estimates.
Apple’s App Store
Adam Levy for The Motley Fool:Importantly, growth accelerated from April to May, even as economies started to reopen.
“High levels of engagement have sustained as the ‘new normal’ (at least in the ne