AT&T Sells 6 Million Smartphones in Q1
Though Growth Slows For Net Contract Adds
AT&T this afternoon released their first quarter earnings
, which detailed revenues of $31.4 billion and net income of $3.7 billion. AT&T sold a record 6 million smartphones during the first quarter, (4 million of which were iPhones) and added 1.2 million smartphones -- most of which were feature phone upgrades. Still, growth has some investors nervous; AT&T added a net 296,000 contract wireless devices on the quarter, though when you subtract tablets AT&T lost 69,000 net devices on contract plans
. That slowed growth means you can expect more "because we can" fees like this one
to keep hungry investors fed. On the wireline front, AT&T added 731,000 U-Verse broadband and 232,000 U-Verse TV subscribers, but lost 607,000 DSL customers.
off numbers Im looking at the Net adds for video and internet, sorry the Netflix dream is not coming true, YET.
From their linked tables "supp.. "
Edit: Now I see how its adding up, their official statements are confusing as hell .
quote: Obviously they must mean 731,000 Uverse internet, and the huge imbalance when compared to net TV adds shows how many people they are forcing off copper. "but lost 607,000 DSL customers." mainly to themselves moving people off legacy DSL onto Uverse.
8.7 million total U-verse subscribers (TV and high speed Internet) in service; 731,000 high speed Internet subscribers added, the best-ever quarterly gain; and a net gain of 232,000 U-verse TV subscribers, the strongest growth in nine quarters
| |trparkyApple... YUMPremium,MVM
For one... For one, the wireless market is pretty damn close to being completely saturated. Those who want a phone already have one. So now it comes down to reducing customer churn rates. Keep your current customers happy so that they don't feel like wanting to switch carriers after their two-year contracts are up.
Boycott AT&T uVerse! | Tom's Android Blog
| |MizzatWill post for thumbsPremium
Re: For one...
said by trparky:Close? It's already over 100%. Assuming you're talking about phones.
For one, the wireless market is pretty damn close to being completely saturated. Those who want a phone already have one. So now it comes down to reducing customer churn rates. Keep your current customers happy so that they don't feel like wanting to switch carriers after their two-year contracts are up.
For M2M, tablets, and other connected devices it's not even close