Thursday, January 26, 2012

AT&T reports best-ever quarter for smartphone activations; 7.6 millon iPhones activated

AT&T reports best-ever quarter for smartphone activations; 7.6 millon iPhones activated

. AT&T reported its fourth-quarter 2011 results on Thursday and noted that it achieved record mobile broadband and smartphone activations during the quarter. The company reported consolidated revenue of $32.5 billion, up 3.6% or $1.1 billion from the same quarter last year, but it posted a loss of $6.7 billion, or $1.12 per share. EPS swings to a profit of $0.42 per share discounting one-time charges including the massive breakup fee paid to T-Mobile. AT&T attributed 76% of its revenue growth to wireless, wireline data and managed services, which represented 76% of overall revenue, up 7.5% from last year.

Boy Genius Report, AT&T reports best-ever quarter for smartphone activations; 7.6 millon iPhones activated

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