Click to Skip Ad
Closing in...

AT&T Q2 beats the Street, income still dives 16%

Updated Dec 19th, 2018 6:23PM EST

If you buy through a BGR link, we may earn an affiliate commission, helping support our expert product labs.

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
Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.

His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.


Latest News