Here is a fairly astonishing statistic: AT&T activated 3.2 million iPhones in Q2 alone, and 27% of those were new account activations — 860,000 new AT&T iPhone accounts. The wireless company’s Q2 ended on June 30th, just four days after the iPhone 4 went on sale. AT&T’s Q2 earnings call also informed us that the number two carrier in the States saw $30.8 billion in earnings and earnings per share of $0.61. Analysts were expecting $30.9 billion in revenue and $0.58 in earnings per share. Hit the jump for a few more AT&T Q2 highlights.
- $0.68 diluted EPS compares with $0.54 diluted EPS in the second quarter of 2009, up 25.9 percent; up 13.0 percent excluding a $0.07 one-time gain from a Telmex Internacional stock transaction
- $30.8 billion second-quarter consolidated revenues from continuing operations, up $194 million, or 0.6 percent, versus the year-earlier period and up $278 million, or 0.9 percent, sequentially
- Consolidated operating margin expansion to 19.8 percent, up from 18.0 percent in the year-earlier quarter
- 1.6 million organic net adds in total wireless subscribers, best-ever second quarter, to reach 90.1 million in service
- 3.2 million iPhone activations in second quarter, a company record
- Best-ever wireless churn levels, with 1.01 percent postpaid churn and 1.29 percent total churn 10.3 percent increase in wireless service revenues, with postpaid subscriber ARPU (average monthly revenues per subscriber) up 3.4 percent; sixth consecutive quarter with a year-over-year increase in postpaid ARPU
- 27.2 percent growth in wireless data revenues, up $936 million versus the year-earlier quarter
- 2.9 million net increase in 3G postpaid integrated devices on AT&T’s wireless network to reach 29.7 million
- 32.0 percent growth in wireline consumer IP data revenues driven by AT&T U-verse® expansion; first-ever billion-dollar revenue quarter for AT&T U-verse services
- 209,000 net gain in AT&T U-verse TV subscribers to reach 2.5 million in service, with continued high broadband and voice attach rates
- 15.8 percent growth in revenues from strategic business services such as Ethernet, Virtual Private Networks (VPNs), hosting and application services
