Friday, July 24, 2009

iPhone Boosts AT&T Earnings

AT&T Quarterly Earnings
AT&T's second-quarter revenues totaled $30.7 billion, net income attributable to AT&T was $3.2 billion, diluted earnings per share totaled $0.54 and cash from operating activities totaled $7.9 billion.

“Our wireless momentum is excellent, operational execution and cost management continue to be strong, and in a challenging economy we delivered solid results,” said Randall Stephenson, AT&T chairman and chief executive officer.

AT&T managed more than 2.4 million iPhone activations in the second quarter, reflecting a record-setting iPhone 3GS launch (Largest ever AT&T retail sales were the day of new iPhone 3GS launch), including iPhone, more than 3.5 million increase in 3G integrated devices in service boosting AT&T revenues.
In depth information at AT&T press room

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