Thursday, April 23, 2009
AT&T Has a Good Q1 2009
Posted by Jeff Campbell in "Apple iPhone & iPod Touch" @ 10:00 AM
"AT&T has announced its financial results for the first quarter of 2009, and the iPhone 3G is still a big part of the company's good news. More than 1.6 million iPhones were activated in the last quarter, down from about 1.9 million in Q4 of 2008. While that is a 16 percent drop sequentially, it's similar to the drop experienced in Q1 of 2008 and still represents a 100 percent growth in iPhone activations year-over-year."
The subscriber base for 3G users has doubled over the last year, in no small part to the iPhone 3g. Quite a bit of cash involved here since the iPhone brings in on average about $95 per user per month in revenue. They also note, and it seems pretty obvious, that the revenue is expected to drop in the next quarter in the lead up to the expected June release of the next generation of iPhones.