AT&T Gets Big Piece Of The iPhone Pie: 2.4 Million Activations
AT&T has been one of the most successful carriers when it comes to marketing Apple’s iPhone raking in bigger profits than other carriers across the globe. That doesn’t appear to have changed as AT&T is boasting record numbers thanks to the iPhone. During the latest quarter, AT&T claimed 2.4 Million activations and an increase in profits.
Of those 2.4 Million activations, 40% were new subscribers adding 960,000 new customers to AT&T’s cellular division. The news of record iPhone sales for AT&T comes after Apple’s quarter earnings report that revealed 6.9 Million iPhones had been sold.
However, by subsidizing the iPhone at such huge cuts, cost AT&T $900 Million during the latest quarter. AT&T is expected to make up the losses over an iPhone’s 2 year contract.
Via: Gizmodo
Written by Tanner Godarzi on October 22nd, 2008
Posted in: Uncategorized, iPhone
1 Comment
AT&T Gets Big Piece Of The iPhone Pie: 2.4 Million Activations » iPhone Tricks on October 22nd, 2008 10:30am
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