iPhone News

iPhone Still Hot for AT&T, Verizon Looms Large

AT&T has sold a million more iPhones in the first quarter of 2011 (ending March 31) compared to the first quarter of 2010, the company announced today, as part of its first quarter 2011 earnings report. The company, pointed out that the iPhone sales were largely unaffected even though Apple extended the iPhone platform to Verizon Wireless.
While technically it is true, there are signs that Verizon iPhone will become a deciding factor as time goes by. Verizon iPhone went on sale earlier this year. During the quarter, 3.6 million iPhones were activated, AT&T said.  When compared to the fourth quarter of 2010,  you can see that the iPhone activations have taken a dip. In the fourth quarter of 2010 ending December 31, AT&T had 4.1 million iPhone activations.
The company said it added 2 million new subscribers during the quarter to take its total to 97.5 million total subscribers. The new subscriber additions are down from 2.8 million additions for the quarter ending Dec 31, 2010.
More than 5.5 million smartphones were sold in the first quarter, the third-highest quarter ever and an increase of more than 60 percent year over year. Nearly 46.2 percent of AT&T’s 68.1 million postpaid subscribers use smartphones, up from 34.7 percent a year earlier. The strong sales at AT&T shows that despite competition from a multitude of Android-based phones, iPhone is still going strong.
AT&T said that its total wireless (including equipment sales) revenues were $15.3 billion during the quarter, of which $5.1 billion came from data services. However, when you just take wireless services revenues, you see that AT&T’s quarter wasn’t all that hot — $14 billion compared to $13.8 billion it logged during the fourth quarter of 2010.