AT&T this morning said
it sold over 10 million smartphones in the fourth quarter, beating its
previous record quarter of 9.4 million in the comparable year ago
quarter.
“We had another incredible quarter of smartphone sales as the mobile Internet continues to drive strong growth in wireless,” AT&T Mobility CEO Ralph de la Vega said in a statement. “These are the industry’s most valuable postpaid subscribers with average revenues twice that of non-smartphone subscribers. During the quarter, we averaged more than 110,000 smartphone sales a day as customers flocked to our leading portfolio of the latest Android, Apple and Windows devices. Combine that with the nation’s largest 4G network and lightning-fast LTE network that now reaches more than 170 million people and you’ll understand why customers continue to choose AT&T in record numbers.”
AT&T will report Q4 results on January 24.
It isn't immediately clear how the 10 million figure compared with Street estimates, but in any case the Street reaction so far is muted: AT&T in early trading is up 5 cents to $34.99.
“We had another incredible quarter of smartphone sales as the mobile Internet continues to drive strong growth in wireless,” AT&T Mobility CEO Ralph de la Vega said in a statement. “These are the industry’s most valuable postpaid subscribers with average revenues twice that of non-smartphone subscribers. During the quarter, we averaged more than 110,000 smartphone sales a day as customers flocked to our leading portfolio of the latest Android, Apple and Windows devices. Combine that with the nation’s largest 4G network and lightning-fast LTE network that now reaches more than 170 million people and you’ll understand why customers continue to choose AT&T in record numbers.”
AT&T will report Q4 results on January 24.
It isn't immediately clear how the 10 million figure compared with Street estimates, but in any case the Street reaction so far is muted: AT&T in early trading is up 5 cents to $34.99.
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