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Apple App Store reported growth came in at 7% in March quarter, says UBS

UBS says the firm’s analysis of App Store data indicates reported growth came in at about 7% in the March quarter, weighed down by flattish growth in the U.S. The firm, which makes no change to its forecast Services growth of about 14.4% in the March quarter, keeps a Neutral rating and $280 price target on Apple (AAPL) shares.

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