AT&T is all smiles again, as it announces a quarter in which it managed to sell 9.4 million smartphones. It nearly doubled handset sales from Q3 and managed — perhaps unsurprisingly — 7.6 million iPhone activations, with the majority being Apple’s latest flavor of phone. It looks like the loss of its exclusivity tag hasn’t hurt its sales, with Ma Bell quick to note that it sold far more iPhones than its Big Red rival. Total consolidated revenues were up $1.1 billion from last year, that’s a 3.6 percent increase and it’s up just over $1 billion from last quarter. Aside from bumper smartphone sales, AT&T’s attributed this to a year-on-year increase in wireless subscriptions in all their forms — including wireless internet. An additional 208,000 AT&T U-verse TV subscribers has tipped the viewer count to 3.8 million. See AT&T’s own take on its results below.
Continue reading AT&T reports ‘blow-out’ Q4, revenues up 3.6 percent, 7.6 million iPhones activated
AT&T reports ‘blow-out’ Q4, revenues up 3.6 percent, 7.6 million iPhones activated originally appeared on Engadget on Thu, 26 Jan 2012 08:07:00 EDT. Please see our terms for use of feeds.
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