Filed under: iPhone
AT&T activates 3.2 million iPhones in 3Q
Reports of trouble for AT&T's 3G network have done nothing to keep people from the iPhone in the U.S.The nation's second largest wireless carrier announced third-quarter earnings Thursday morning that were full of iPhone goodness. AT&T (T) activated a record 3.2 million iPhones in 3Q, 40% of which went to people new to the company.
Wireless data was the supporting star of the show. Services such as messaging, Internet access and the like were up 33.6% from 3Q of 2008 to $3.6 billion. Data sales now account for 29.4% of AT&T's wireless revenue.
The company's earnings were relatively flat, having posted a profit of $3.2 billion, or 54 cents a share for 3Q '09 versus $3.23 billion or 55 cents a share for 3Q of '08. AT&T did, however, bring in enough to beat analyst expectations. The street was only looking for earnings of 50 cents a share.
[via MediaPost, Marketwatch]
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Reader Comments (Page 1 of 1)
junk_mail77 said 4:21PM on 10-22-2009
What I wouldn't give to see their actual network PERFORMANCE stats alongside those financials. As soon as I see a truly viable smartphone alternative on another network I am DONE with AT&T.
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Jeffrey Kirk said 4:46PM on 10-22-2009
Great! Even more dropped calls for me.........
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Mathew Duggan said 4:50PM on 10-22-2009
I am constantly disappointed with the idea of Apple being linked with a company like ATT. I hate them with a passion.
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AltairAntares said 4:49PM on 10-22-2009
Yeah, AT&T is going to get pwned once the iphone comes out on verizon...
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Chris said 5:47PM on 10-22-2009
keep waiting for that day........ Big Red is gonna take on Android and WebOS to combat the iPhone. I guarantee they have no intention of snagging the iPhone. Sorry to smash your dreams!
Reader said 6:09PM on 10-22-2009
agreed, especially after they came out with these Droid ads bashing the iphone. pretty sure VZ shot themselves in the foot for ever being able to get a phone from Apple.
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Reader said 6:08PM on 10-22-2009
agreed, especially after those Droid commercials that are bashing the iphone and its "shortfalls." pretty sure VZ shot themselves in the foot to ever be able to work with Apple on a device.
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Howie Isaacks said 6:59PM on 10-22-2009
Great! Another 3.2 million future frustrated customers who will get lousy customer service, shitty coverage, and be denied the ability to use the tethering feature unless they hack their iPhones. This is such great news!
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Andre said 7:51PM on 10-22-2009
If the iPhone is having such a negative impact on AT&T's network, why do they keep selling and activating so many of them?
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AltairAntares said 2:22AM on 10-23-2009
Because they couldn't care less about that, they just want your cold electronic cash....
Jason said 12:48PM on 10-23-2009
Why? Because 3.2 million customers X $100+ for service = $320,000,000 per month.
Mike Eliss said 11:31AM on 10-27-2009
I hate Verizon too. Dropped calls and high prices.
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Arch said 8:44AM on 10-23-2009
Great news for AT&T! Here's hoping that the good majority of those new users are 100% satisfied with their phones and wireless service - just as my wife and I and all of our fellow iPhone owning friends and coworkers are.
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talon46 said 9:11PM on 10-24-2009
@Arch
Hear, hear! I've had nothing but good service and fast speeds on 3G with AT&T! I'm so sick of hearing people talk about how bad they think AT&T is and how they assume everyone is in the same boat. Well, we're not. The only reason you never hear about the satisfied experiences is because we have nothing to complain about.
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