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While AT&T is having a rough first quarter just like everyone else, iPhone hype is showing no signs of slowing, which actually helped keep losses below expectations. 1.6 million customers picked up an iPhone, 40% of which were new to AT&T, while the final tally ended up around 1.2 million net new subscribers, $3.1 billion in net income (down from $3.46 billion), and wireless data revenue was up 38.6% from last year. Although the iPhone helped, AT&T’s other services like U-Verse TV and broadband internet certainly pulled their weight this quarter. With their upcoming 3G speed boost, the E71x due to land any day now, and decent quarterly results like this, it sounds like AT&T will be able to stay a step ahead of the recession. You can get AT&T’s full financial run-down for Q1 ’09 over here.
[via Reuters]
About The Author
Simon Sage
Simon Sage’s education largely surrounded writing, technology and online community, leading him to begin his blogging career at www.BlackBerryCool.com and to quickly discover a vibrant and active community surrounding BlackBerry and mobile technology. In exploring RIM’s platform, he has learned what enterprises are looking for in mobility as well as what makes the innocuous BlackBerry so appealing to them. Recently Simon’s been covering RIM’s gradual move into an already-crowded consumer market, and the impact of burgeoning challengers, such as the iPhone, as well as long-time leaders, like Nokia, on BlackBerry’s advancement. With plenty of content under his belt, Simon will be branching off a bit to see what other smartphone manufacturers are working on while still using BlackBerry as a barometer. At IntoMobile, you can count on his posts being even-handed, well-informed and thought-out.
