AT&T Reports Better-Than-Expected Q3 Results; Breaks Android/Windows Phone Sales Record
October 24, 2012 6:20 PM
comment(s) - last by
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
, 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.
This article is over a month old, voting and posting comments is disabled
RE: Strong performance eh?!
10/24/2012 9:28:29 PM
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?
"If they're going to pirate somebody, we want it to be us rather than somebody else." -- Microsoft Business Group President Jeff Raikes
AT&T Gets Nokia Lumia 920 as U.S. Exclusive, Plus Lumia 820
October 4, 2012, 1:37 PM
FCC Considers AT&T LTE Spectrum Conversion, Sirius Interference Solved
September 27, 2012, 1:33 PM
AT&T Nailed With FCC Net Neutrality Complaint for FaceTime Data Ban
September 18, 2012, 2:13 PM
HP Adds $99 Windows Tablet, $199 Windows Notebook to Stream Family
September 29, 2014, 7:17 PM
Following Quirky Passport, BlackBerry Aims to Release One Unconventional Device Per Year
September 29, 2014, 6:45 PM
New Optical Cloak is so Beautifully Simple You Can Build Them at Home
September 29, 2014, 5:10 PM
Samsung Galaxy Note 4 Owners Report Gaps Between Screen, Body
September 29, 2014, 3:40 PM
GoPro Introduces Three New "Hero" Cameras
September 29, 2014, 10:08 AM
LG Prepares Yet Another Smartwatch, Readies Call-capable Model for Sprint/Verizon
September 28, 2014, 12:00 PM
Most Popular Articles
iBend: Reports Grow of Razor-Thin iPhone 6+ Folding Like Origami in Your Pocket
September 23, 2014, 6:08 PM
Appalling Negligence: Decade-Old Windows XPe Holes Led to Home Depot Hack
September 8, 2014, 8:58 PM
iPhone 6's "Focus Pixels" Are Already Used in Galaxy S5
September 23, 2014, 3:10 PM
New AT&T Mobile Share Value "Double Data" Promotion Lasts Through October
September 28, 2014, 8:32 AM
Update: Apple Releases iOS 8.0.2 Update to Make Up for Botched 8.0.1 Release
September 25, 2014, 8:19 PM
Latest Blog Posts
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
Facebook Aims to Provide Internet to "Every Person in the World" with Drones, Satellites
Apr 1, 2014, 10:20 AM
Retail Mobile Sites Experience Outages in Light of Simplexity's Bankruptcy
Mar 14, 2014, 8:48 AM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information