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Bryan M. Wolfe
| January 24, 2013
AT&T Activated A Record 8.6 Million iPhones During The Holiday Quarter
In the just completed quarter, AT&T activated a record 8.6 million iPhones. In total, the second largest carrier in the U.S. saw wireless revenues jump 5.7 percent versus one year ago. Says Randall Stephenson, AT&T chairman and chief executive officer:
We had an excellent 2012. We grew revenues, increased adjusted earnings per share by 8.5 percent and generated cash from operations at record levels. We used this cash to invest aggressively in the future of our business and returned $23 billion to shareowners through dividends and share repurchases.In total, AT&T earned $0.44 per share on sales totaling $32.6 billion. Including one-time charges, AT&T posted a net loss of $3.9 billion in the fourth quarter, or a loss of $0.68 per share. AT&T’s fourth-quarter loss in the year-ago quarter including one-time charges totaled $6.7 billion, or a loss of $1.12 per share. During the quarter, 10.2 million smartphones were activated.