Sure, there was no new iPhone to boost its smartphone sales this quarter, but the carrier still managed to push 5.5 million of the devices out the door, while activating 4.3 million Apple-branded handsets. The company beat analyst predictions by raking in $31.8 billion in revenue and pocketing $3.6 billion of that as income, up from $3.4 billion over the same time period last year. Things are looking good for the company as both U-Verse and its wireless business grew revenues dramatically - by 38.2 percent and 19.9 percent, respectively. Growth on the cellular side is in large part thanks to the 726,000 net subscriber adds.
Engadget, AT&T reports Q1 earnings: $31.8 billion in revenue, 5.5 million smartphones sold
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