App Store is still growing, but not as much as expected says Katy Huberty – Naples FL

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A slowdown in App Store growth in the month of May could pose a risk to Apple’s Services revenue in the June quarter, according to investment bank Morgan Stanley.

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In a note to investors seen by AppleInsider, Morgan Stanley lead analyst Katy Huberty offers her thoughts on new Sensor Tower estimates that suggest App Store net revenue growth has declined year-over-year in May.