AT&T Quarterly Earnings: $32.5B In Revenue, 9.4M Smartphone Sales

AT&T Quarterly Earnings: $32.5B In Revenue, 9.4M Smartphone Sales


U.S telecoms provider AT&T has this afternoon announced its own quarterly earnings for Q4, 2011, seeing the company report record revenue of $32.5 Billion. That’s up $1.1 Billion compared to last year – (a 3.6 percent increase compared to the year-ago quarter).

Most of this revenue was generated by the firm managing to sell a whopping 9.4 Million smartphones to customers on the network, representing the network’s “best-ever quarter”. That figure also arrives at a 50 percent increase compared to AT&T’s previous quarterly record and nearly double that of sales achieved in Q3, 2011.

82 percent of postpaid sales, the company said, were smartphones.

Meanwhile, the company also announced that the quarter had also been its “best-ever” for sales of both Android and Apple smartphones, adding that it had seeing a staggering 7.6 Million iPhone activations throughout the period.

Other interesting notes from the call:

- 717,000 wireless postpaid net adds, the largest increase in five quarters; 2.5 million increase in total net wireless subscribers, with gains in every customer category
- 571,000 branded computing device (tablets, aircards, etc.) sales, best-ever quarter to reach 5.1 million total subscribers; up almost 70 percent from a year ago
- 12th consecutive quarter with a year-over-year increase in postpaid wireless subscriber ARPU (average monthly revenues per subscriber), up 1.4 percent to $63.76 — more than $6 higher than nearest competitor’s ARPU
- Second consecutive quarter of sequential growth in wireline business revenues
- Sixth consecutive quarter of year-over-year growth in wireline consumer revenues, driven by AT&T U-verse® services
- 208,000 net gain in AT&T U-verse TV subscribers to reach 3.8 million in service, with continued high broadband and voice attach rates

Press release available here.

[via MacRumors]