AT&T has ‘best-ever’ quarter, reports record smartphone sales

The final months of 2011 were good to AT&T, the carrier has revealed. In the fourth quarter of last year AT&T moved more smartphones than ever before, racking up 9.4 million sales, the majority of which can be attributed to the iPhone. Apple’s device sold 7.6 million units, leaving a combination of Android and other platforms to mop up the remaining 1.8 million. Regardless, the figures amount to record sales for both Apple and Google’s smartphone platform on AT&T as AT&T nearly doubled their Q3 numbers and posted a total 50 percent higher than their previous quarterly record. It all helped to amount to a total consolidated revenue of $32.5 billion, a 3.6 percent increase year-over-year for AT&T.

Best-Ever Mobile Broadband Sales and Strong Cash Flows Highlight AT&T’s Fourth-Quarter Results; Stock Buyback Begins on Previous 300 Million Share Authorization

2012 Outlook: Solid Revenue, Margins and Earnings Growth with Strong Free Cash Flow
Dallas, Texas, January 26, 2012

  • $(1.12) diluted EPS in fourth quarter compared to $0.18 diluted EPS in the year-ago period. Excluding significant items for both quarters, EPS of $0.42 compared to $0.55 in the year-ago quarter, driven by the company’s best-ever quarter for smartphone activations — up nearly 60 percent year over year
  • Consolidated revenues of $32.5 billion, up $1.1 billion, or 3.6 percent, versus the year-earlier period
  • In 2011, AT&T’s growth engines — wireless, wireline data and managed services — represented 76 percent of total revenues and grew 7.5 percent versus 2010, led in the fourth quarter by:
  • 10.0 percent growth in wireless revenues
  • 19.4 percent growth in wireless data revenues, up $956 million versus the year-earlier quarter
  • 16.4 percent growth in strategic business services revenues
  • 43.7 percent growth in consumer U-verse revenues
  • 9.4 million smartphone sales, best-ever quarter and 50 percent more than previous quarterly record and nearly double 3Q11 sales; 82 percent of postpaid sales were smartphones
  • 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
  • Best-ever quarter for Android and Apple smartphones, including 7.6 million iPhone activations
  • 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
Exit mobile version