Disqus
With the end of the fiscal year, companies are making public just how much they made or lost over the past year. One of the year’s clear winners is AT&T. They just released their yearly statements, outlining a 61.8% increase in Q4 2007 earnings to $3.14 billion, compared to Q4 2006. Sales were up 91% to $30.35 billion from $15.9 billion a year ago.
AT&T also increased their subscriber-base by 2.7 million customers (to a nation-leading 70.1 million total subscribers) – fueled by the influx of new AT&T customers signing-on to get their hands on an iPhone. Wireless revenues were up 16.3% to $11.4 billion.
It looks like AT&T’s 2.3 million iPhone users played a large part in making 2007 a great year for AT&T. We wonder just how many of those users defected from Sprint.
Poor Sprint, rich AT&T!
[Via: AppleInsider and Yahoo]
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
