AT&T beats out Verizon with 8.6M iPhones sold in Q4, still posts huge $3.9B loss —
AT&T trounced Verizon when it came to iPhone sales, but that didn’t help when it came to posting a profit.
AT&T sold 8.6 million iPhones in the fourth quarter of 2012, a significant chunk of its 10.2 million smartphones sold, the company reported today. Verizon, meanwhile, only sold 6.2 million iPhones during the quarter. Despite plenty of record-breaking figures, AT&T still ended up posting a $3.9 billion loss during the quarter, due to expenses from benefit plans and weather issues like Super Storm Sandy.
Developing, refresh for updates.
Photo: Devindra Hardawar/VentureBeat
Filed under: Mobile, VentureBeat 
 |
 |
Categorised as: Chief Digital Officer | Digital Media | Feedster
Comments are disabled on this post