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22 Oct

AT&T sold quite a lot of iPhones this last quarter. With 2.4 million iPhones sold, AT&T has managed to sell almost a third of the 6.9 million handsets that Apple reported to have sold.
That means the carrier saw profits rise 5.5% to $3.23 billion or 55 cents a share, compared to one year ago when AT&T pulled in $3.06 billion, or 50 cents a share. AT&T finished the quarter with 74.9 million subscribers with 2 million of those new subscribers. 40% of the 2.4 million iPhone 3G subscribers are new subscribers.
And iPhone subscribers are bringing in lots of money. Average monthly revenues per subscriber or ARPUs are 1.6 times higher for iPhone subscribers than the the other subscribers. AT&T saw its wireless data revenues increase with 50.5% compared to last year for a total of $2.7 billion.
So given that you have lots of money and lots of iPhone sales, when are you going to sell the Bold already?
Tags: 3g iphone, Apple, Apple, At&T, At&T, Mobile News
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One Response for "AT&T Sold 2.4 Million iPhones in Third Quarter"
[...] has decided to reduce its number of employees after not that a great forth quarter. The preliminary reports show a 7-8 cent per share loss. If Motorola had better phones last year I [...]
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