App Store Revenue Jumps 10%, ICE Tracking Apps Purged, Federal Lawsuit And More: This Week In Appleverse

Benzinga
2025.10.05 11:01
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Apple Inc. reported a 10% increase in App Store revenue, reaching $8.7 billion, alongside a rise in downloads. The company removed ICE tracking apps following safety concerns. Analyst Gene Munster criticized Apple's pause on a cheaper Vision Pro headset, calling it a significant miss. The iPhone 17 Series is seeing strong sales, driven by loyal users, despite softer interest from Android switchers. Additionally, Apple faces a federal lawsuit over alleged religious discrimination against a Jewish employee. Overall, the stock remains up 4.42% year-to-date.