AT&T Q3 Results -- 3.2 Million iPhones Activated, 40% to New Customers
Hot on the heels of Apple's Q4 results come AT&T's Q3 report, and the iPhone-related news keeps getting better and better, including a record 3.2 million activations, 40% of which went to new customers.
And the records didn't stop there. Highest Q3 net subscriber gain, best ever Q3 churn rate, largest quarterly increase of integrated devices (like iPhone) in history, and 33.6% increase in data revenue.
What's astonishing is this growth persists despite widespread, ongoing -- almost farcical at this point -- reports of poor network experience for iPhone users. Imagine if AT&T could build out infrastructure to meet demand in areas like San Francisco and New York?
And how happy are they Verizon appears to be out of the iPhone picture, at least for now?
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Rene Ritchie is one of the most respected Apple analysts in the business, reaching a combined audience of over 40 million readers a month. His YouTube channel, Vector, has over 90 thousand subscribers and 14 million views and his podcasts, including Debug, have been downloaded over 20 million times. He also regularly co-hosts MacBreak Weekly for the TWiT network and co-hosted CES Live! and Talk Mobile. Based in Montreal, Rene is a former director of product marketing, web developer, and graphic designer. He's authored several books and appeared on numerous television and radio segments to discuss Apple and the technology industry. When not working, he likes to cook, grapple, and spend time with his friends and family.