Yahoo Finance Disney+ App Reportedly Downloaded 41M Times; Shares Climb
By Kim Khan
Investing.com - Walt Disney (NYSE:DIS) joined the rally in the Dow 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:AAPL) App Store and Google (NASDAQ:GOOGL) 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:JPM), after its solid earnings report, Goldman Sachs (NYSE:GS) and Boeing (NYSE:BA).
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:ROKU) and gaming consoles like Microsoft'a (NASDAQ:MSFT) Xbox.
Related Articles
Germany stocks higher at close of trade; DAX up 0.04%
StockBeat: Pinterest Overtakes Snapchat as Third-Biggest Social Media App
