Apple Thoughts: Apple Posts Record iPhone Activations in Q3 2009

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Friday, October 23, 2009

Apple Posts Record iPhone Activations in Q3 2009

Posted by Jeff Campbell in "Apple News" @ 09:00 AM

http://apple-investor.com/blog/2009...ones-in-3q.html

"Reports of trouble for AT&T's 3G network have done nothing to keep people from the iPhone in the U.S."

Yesterday AT&T reported they activated 3.2 million iPhones in Q3 of 2009, and of those activations, 40% went to new subscribers. So even though we do hear a lot of problems with AT&T coverage-wise (excluding my experience which has been fine), that figure is a bit surprising. The iPhone must just be amazing enough to trump the problems, or rather perceived problems with AT&T. Well I think so but I've been accused of being a fan boy so make your own decision.

In other news they also posted almost a 34% increase in sales of services such as Internet access, messaging, etc, making data sales approximately 30% of the wireless revenue for AT&T. However profit was down $3.2 billion USD from $3.23 billion USD same time last year. Boggles the mind how these numbers are thrown around doesn't it?


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