AT&T activates 2.7 million iPhones during first fiscal quarter
AT&T (http://www.att.com) has reported strong first-quarter results. The company activated 2.7 million iPhones during the period — that’s 1.1 million more than it did a year ago.
For the quarter that ended March 31, AT&T’s consolidated revenues totaled US$30.6 billion, up $78 million, or 0.3% versus the year-earlier quarter; operating expenses were $24.6 billion versus $24.8 billion; operating income was $6.0 billion, up from $5.7 billion in the first quarter of 2009; and AT&T’s operating income margin was 19.6%, up from 18.8 percent in the year-earlier quarter.
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