Print 21 comment(s) - last by Cheesew1z69.. on Oct 26 at 1:00 PM

AT&T especially excelled in smartphone sales during the third quarter at 6.1 million sales (up 1.3 million from one year ago)

AT&T announced strong third quarter financial earnings with record Android and Windows Phone activations. 
The carrier reported earnings of $3.6 billion USD (63 cents per share) in Q3 2012, which beat Wall Street expectations of 60 cents per share. Revenue closely matched that from a year ago at $31.5 billion. 
AT&T especially excelled in smartphone sales during the third quarter at 6.1 million sales (up 1.3 million from one year ago). It activated 4.7 million iPhones, where 18 percent represented new customers. About 1.3 million of those were the iPhone 5. AT&T also mentioned that Q3 was its best sales quarter for Android and Windows smartphones, but didn't provide any numbers. 
Q3 2012 wireless revenue was at $16.6 billion, which is a 6.6 percent increase from one year ago. 
Subscriber growth increased from 100.7 million in Q3 2011 to 105.9 million in Q3 2012. Postpaid subscriber growth also inched up from 68.6 million in Q3 2011 to 69.7 million in Q3 2012. 
"We had another impressive quarter with strong earnings growth, record cash flows and solid returns to shareholders through dividends and share buybacks," said Randall Stephenson, AT&T chairman and CEO. "In wireless, we had another excellent smartphone quarter, penetration of usage-based mobile data plans continues to climb, and our 4G LTE network build is ahead of schedule. And in wireline, our IP network continues to deliver strong gains in U-verse high speed Internet connections, which helped drive an almost 10 percent increase in broadband data ARPU. 
"Our strong performance allows us to increase our free cash flow guidance to $18 billion or higher this year, exceeding our previous outlook by $2 billion." 
AT&T said it looks forward to Q4 2012, which will feature many Windows 8-based smartphones and tablets. AT&T will exclusively sell the flagship Windows Phone 8, which is the Nokia Lumia 920. It will also be the only carrier to sell the Lumia 820 as well as Windows 8 tablets from ASUS and Samsung. 

Source: AT&T

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Strong performance eh?!
By Falacer on 10/24/2012 7:57:29 PM , Rating: 2
"Our strong performance allows us to increase our free cash flow guidance to $18 billion or higher this year, exceeding our previous outlook by $2 billion."

Well duh when 4 people on a family plan (only 2 being smartphones atm) have a monthly bill of $230 how can you not put an additional $2B in your pocket?

I would love to get our monthly cost under or at $200 but according to AT&T we are at the optimal plan already?! What if the other two persons want smartphones in the near future? Is my plan going up to $300/month?

RE: Strong performance eh?!
By mackx on 10/24/2012 8:10:37 PM , Rating: 1
fuck me you guys get screwed on prices over there!

we can get a decent package for £10/month. about $16 i think?

RE: Strong performance eh?!
By bill4 on 10/25/2012 6:15:00 AM , Rating: 2
and you guys pay .40 cents a kw/hr for electricity where it's 10c in america. and you pay like twice what we do for everything else lol.

besides, i dont believe you. euros always throw out thes crazy numbers without any proof. link to that $16 plan please?

also, apples to oranges. for a single person of course it's much less. i pay $62 a month, and could pay $45 if i wanted. and it depends how much data you get, etc.

plus in america we have had lte for ages, and Europe is just now getting that. you guys are way behind.

RE: Strong performance eh?!
By mcnabney on 10/25/2012 9:48:20 AM , Rating: 2
To be fair - a big chunk of his monthly fees goes toward paying for the equipment subsidy to cover the $600 smartphones he paid $200 for and the $250 feature phones he paid $50 for.

So $60 of that $230 is just paying back for the equipment costs. Remember, the non-contract Europeans pay big money up-front for their phones. However, they have the freedom to change carriers if they so choose.

RE: Strong performance eh?!
By Samus on 10/25/2012 12:07:07 PM , Rating: 2
subsidized cell phone contracts are an American exclusive.

nowhere else in the world will you hear of such a concept, mostly because the rest of the world would immediately do the math and realize after about 10 months into the 24 month contract, your getting screwed for the remaining 14 months.

a cell phone contract is like a credit card you carry a 2 year interest-bearing balance on, which we all know, is bad.

BTW, France has super cheap electricity, currently 0.1078kw/h. Over 90% of it is clean, modern nuclear power, and they have so much excess, they sell it to 7 surrounding countries.

RE: Strong performance eh?!
By mcnabney on 10/25/2012 1:36:30 PM , Rating: 2
The contracts are actually pretty fair. The people that lose out the most are those that don't get new equipment when eligible. They are still paying the higher monthly fees. Only T-mobile offers off-contract discounted service pricing. I wish that idea would spread. Replacing phones every two years is wasteful.

RE: Strong performance eh?!
By Ringold on 10/24/2012 9:23:10 PM , Rating: 2
Could switch to a pre-paid plan like MetroPCS and save a bundle, but you'd have to pony up your own phones.

RE: Strong performance eh?!
By Pirks on 10/24/2012 9:28:29 PM , Rating: 1
ya I ponied up for my own unlocked international fast CPU toting version of galaxy note and I'm paying like $13 a month prepaid

losers on plans MUST be milked by carriers, 'cause they are DUMB

and DUMB people must be milked! who's against that? huh?

RE: Strong performance eh?!
By euclidean on 10/25/2012 8:59:50 AM , Rating: 2
Sprint - 4 Smartphones on 1 plan, Unlimited Data for all 4 phones, Unlimited Mobile to Mobile, and 1500 "Land Line" minutes (we use ~400/month).

After taxes/surcharges/etc. - $203.08

Ya...eff AT&T dude...

RE: Strong performance eh?!
By mcnabney on 10/25/2012 9:57:21 AM , Rating: 2
Sprint has a problem, you know, working in a lot of locations. While you do pay less under Sprint, the service quality is considerably inferior.

I live in their home market of Kansas City and their network is patchy at best. Data speeds when you can connect are generally dial-up over 3G and 3Gish over Wimax/LTE. And the coverage on those 4G networks is even more patchy.

If you just want your device to work and work quickly all over the country, Verizon is still the obvious choice. If you stay in the city/suburbs than T-mobile is a good choice. They have almost no rural coverage and weak far-out suburb presence, but they cost a lot less and if you don't go there - why pay extra for it.

RE: Strong performance eh?!
By tayb on 10/25/2012 11:08:45 AM , Rating: 2
Four words: Vote With Your Wallet.

AT&T is not the only carrier in the country. Verizon isn't the only other carrier in the country.

These two companies are glorified scam artists. They raise prices while reducing services and the drones (US consumers) keep paying them for reasons beyond my explanation. I can't think of any other more anti-consumer companies in American than AT&T and Verizon. Leave. Go to another carrier that doesn't do contracts. Tell your friends too.

RE: Strong performance eh?!
By Rukkian on 10/25/2012 1:11:30 PM , Rating: 2
I think many would if there were an option with decent coverage. As it stands, unless you stay in a major metro, nothing else compares. While I would love to pay less, if it also means I cannot use my phone, then it is not worth it.

RE: Strong performance eh?!
By tayb on 10/25/2012 3:01:23 PM , Rating: 2
Virgin Mobile uses the Sprint Network.

RE: Strong performance eh?!
By Cheesew1z69 on 10/26/2012 1:00:55 PM , Rating: 2
And Sprint sucks in a lot of places...

"Paying an extra $500 for a computer in this environment -- same piece of hardware -- paying $500 more to get a logo on it? I think that's a more challenging proposition for the average person than it used to be." -- Steve Ballmer

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