AT&T released its results for Q2 2009 this morning and while there’s no question its performance in the quarter was solid, not all is peachy for the nation’s number two wireless carrier. First things first… The iPhone: AT&T activated 2.4 million iPhones in Q2, meaning almost two and a half million iPhones were sold in less than a month here in the US. Pretty nuts. Also, over 33 percent (792,000) of those activations were performed for new customers. Moving beyond the iPhone, AT&T saw net subscriber additions of 1.4 million, 1.2 million of which were post paid, in the quarter to reach a total of 79.6 million subscribers. That figure is up by 6.7 million so far over last year. Total revenue came in at $30.7 billion, down about 1 percent YoY, and net income came in at $3.2 billion, down almost 16 percent from $3.8 billion in the same quarter last year.


Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.