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.
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Photo: Devindra Hardawar/VentureBeat
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