AT&T disclosed its earnings today, and revealed that it activated 1.6 Million iPhones during the past quarter. Amazingly, 40% of those activations were to new AT&T subscribers. During the last quarter of 2008, AT&T activated 1.9 Million iPhones, but that number was undoubtedly bolstered by the shopping-friendly holiday season.
AT&T’s EPS for the quarter came in at $0.53 a share, down from $0.57 a share the same quarter a year-ago.
AT&T notes in its press release:
More Than 1.6 Million Apple iPhone 3G Activations. AT&T’s postpaid subscriber growth reflects continued success with iPhone 3G. In the first quarter, AT&T’s iPhone 3G activations totaled more than 1.6 million, more than 40 percent of them for customers who were new to the company. AT&T’s U.S. iPhone exclusive continues to deliver subscribers with ARPUs (average monthly revenues per subscriber) that are approximately 1.6 times higher and churn rates that are significantly lower than the company’s overall postpaid subscriber base.
Apple, of course, is poised to announce its earnings for the past quarter later today.
Wed, Apr 22, 2009
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