Thursday, January 29, 2009
iPhone is THE Bright Spot for AT&T in Q4 2008
Posted by Jeff Campbell in "Apple iPhone & iPod Touch" @ 08:00 AM
"AT&T has released fourth quarter and 2008 results and it's not all roses for the telecommunications giant. Wireline telephone subscribers were down significantly, and AT&T has spent a bundle (US $453 million) upgrading the 3G network to serve the iPhone and their other smartphone offerings. The bright spot for AT&T is the iPhone itself, which contributed to very positive gains in subscribers and revenue."
One figure they cite that doesn't surprise me a bit is that those customers that drop AT&T aren't usually iPhone users, not surprising since it's the only game in town. If you love your iPhone, you are stuck (jail-broken iPhones aside of course).
