AT&T has record quarter thanks to iPhone
AT&T sold 10.2 million smartphones last quarter and 8.6 million of those were iPhones
AT&T had its best quarter ever when it comes to smartphones, as the carrier said it sold more than 10.2 million smartphones for its fourth quarter.
Overall, AT&T added 1.1 million net wireless subscribers and 780,000 of those were postpaid or contract additions. Adding the 10.2 million smartphone users from last quarter, AT&T now has a smartphone base of 47.1 million users.
Interestingly enough, AT&T activated 8.6 million iPhones for the quarter with 16 percent of those being new to AT&T. While Android sales were meager compared to iPhone, AT&T said last quarter was the best ever for Android sales.
Verizon also reported a banner fourth quarter and the vast majority of its smartphone sales were iPhones. This comes as Apple also showed off record iPhone sales for the quarter but the market is still punishing Apple's stock price.
Getting back to AT&T, the company's Mobile Share Plan is continuing to gain momentum. More than two-thirds of its smartphone users are on this shared-data plan and more than a quarter of these plans use 10GB of more.