Disney+ App Reportedly Downloaded 41M Times; Shares Climb

This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXMPEDBD1FC_M.jpg
© Reuters. © Reuters.

By Kim Khan

Investing.com – Walt Disney (NYSE:) joined the rally in the Tuesday, seeing strong volume on a bullish report about demand for its streaming service app.

The Disney+ app was downloaded 40.9 million times from Apple’s (NASDAQ:) App Store and Google (NASDAQ:) Play, CNET reported, citing a report from mobile analytics firm Sensor Tower.

Shares of Disney rose 1.9% in afternoon trading. That added more than 18 points to the Dow’s spike of more than 130, led by JPMorgan Chase (NYSE:), after its , Goldman Sachs (NYSE:) and Boeing (NYSE:).

Disney+ has generated about $97.2 million in user spending on mobile, Sensor Tower added.

And 84% of revenue and installs have been in the U.S. in the first 60 days.

The numbers from sensor tower don’t include those downloading and watching Disney+ from smart TVs, devices like Roku (NASDAQ:) and gaming consoles like Microsoft’a (NASDAQ:) Xbox.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment