Apple (AAPL) App Store spending grew roughly 6% year over year in December 2025, decelerating from November as weakness in Games and Entertainment and softer trends in China and Japan offset stable U.S. growth, Goldman Sachs tells investors in a research note. While App Store growth has slowed and trails Apple’s broader Services outlook, faster growth in other Services categories should support overall Services revenue, with the App Store remaining a key long-term contributor despite near-term risks, the firm adds. Goldman Sachs has a Buy rating and $320 price target on the shares.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- Apple: Buy Rating Reaffirmed on Resilient Services Growth, Edge AI Optionality, and Capital Returns Supporting Premium Valuation
- AI Is Quietly Rewriting the Memory Market and Samsung Is Cashing In
- Nvidia, Intel Steal the Show at CES 2026 with Key Chip Announcements
- Rising AI Costs Threaten Rate Cuts and Valuations in 2026
- AI Daily: BofA predicts big AI announcements possible in 2026