Sunday, May 12, 2013

AT&T announces Q3 2012 results, iPhone still dominate smartphone sales

AT&T announces Q3 2012 results, iPhone still dominate smartphone sales

AT&T has released their third quarter 2012 results, and out of 6.1 million smartphones sold, 4.7 million of those were iPhones, and 18% of those were for customers new to the network. That's especially interesting given that the iPhone 5 only launched at the tail end of the quarter. Here's what AT&T CEO Randal Stephenson had to say:

We had another impressive quarter with strong earnings growth, record cash flows and solid returns to shareholders through dividends and share buybacks. In wireless, we had another excellent smartphone quarter, penetration of usage-based mobile data plans continues to climb, and our 4G LTE network build is ahead of schedule. And in wireline, our IP network continues to deliver strong gains in U-verse high speed Internet connections, which helped... [via The iPhone Blog]