AT&T Posts 2Q 2013 Earnings - $32 Billion Revenue, 6.8M Smartphones, 3.7M iPhones
AT&T, the second largest U.S. carrier recently posted its earnings for the second quarter of 2013, which ended up meeting Wall Street expectations while selling a record 6.8 million smartphones. For the second quarter of 2013, AT&T activated at least 3.7 million iPhones. The exact number isn’t known however because executives declined to get specific during their quarterly conference call on Tuesday, despite the fact that the carrier has offered such data in the past.
The company did reveal that iPhone activations grew year over year. Another fact we do know is that the total iPhone sales reached 3.7 million in the June quarter of 2012.
On the other hand, the nation’s number one carrier, Verizon, announced last week that it activated 3.8 million iPhones. Apple’s smartphone accounted for more than 50% of both telecoms’ smartphone activations. AT&T noted that the previous three-month period saw record Android handset sales, while smartphones as a whole accounted for 88% of postpaid phone sales for the quarter.
AT&T added 551,000 postpaid customers, which is the company’s best performance in that sector since 2008, while 35% of those were LTE-enabled smartphones. As for the telecom’s data network performance, it was up 50% year-over-year per device, a number that is likely to continue to grow as AT&T builds out its LTE capabilities throughout the rest of 2013. By the end of the year, the network is expected to cover almost 270 million POPs with the project be largely complete by mid-2014.