AT&T: Of 10.2 Million Smartphones Activated Last Quarter, 84% Were iPhones



Following Verizon and Apple’s quarterly earnings reports, AT&T has just released their numbers for the last quarter, and the iPhone 5 made it another banner period for Ma Bell: they activated 8.6 million iPhones last quarter, with 16% going to new AT&T customers.

Here’s the breakdown of AT&T’s numbers this quarter:

• $(0.68) diluted EPS in the fourth quarter compared to $(1.12) diluted EPS in the year-ago period. Excluding significant items and adjusting for the sale of Advertising Solutions, EPS was $0.44 versus $0.40, up 10 percent year over year.

• For full-year 2012, excluding significant items and adjusting for the sale of Advertising Solutions, EPS was up 8.5 percent year over year.

• Consolidated revenues of $32.6 billion, up 0.2 percent versus reported results for the year-earlier period, and up 2.8 percent excluding Advertising Solutions and Superstorm Sandy impact.

• Record cash from operations of $39.2 billion and record free cash flow for full-year 2012 $4.4 billion in stock buybacks in the fourth quarter with 126.6 million shares repurchased; for the full year, the company repurchased 371 million shares, or about 6 percent of shares outstanding, for $12.8 billion $23 billion returned to shareowners in 2012 through dividends and share repurchases.

• Wireless revenues up 5.7 percent versus the year-ago quarter; wireless service revenues up 4.2 percent.

• 780,000 wireless postpaid net adds, largest increase in three years; 1.1 million increase in total net wireless subscribers.

• Record smartphone sales of 10.2 million, the most ever sold by any U.S. carrier; postpaid smartphone customer base now 47.1 million, up 2.5 million from third-quarter 2012.

• Smartphones constitute 89 percent of postpaid phone sales.

• Postpaid wireless subscriber ARPU (average monthly revenues per subscriber) up 1.9 percent to $64.98.

More details below, but it seems despite the fact that Apple’s performance disappointed Wall Street this quarter, everyone who relies upon Apple to do their business is swimming in money.

Source: BusinessWire

  • Alexander530

    No wonder no one is selling their stocks? Why would you if you’re making profit? Poor Wall Street.