“The company sold 10.2 million smartphones in the fourth quarter, which it said was the most ever for a U.S. carrier,” O’Toole reports. “Ma Bell activated a record 8.6 million iPhones… The news comes on a day when Apple shares sold off sharply, sinking 12% following the release of the company’s quarterly results Wednesday afternoon.”
O’Toole reports, “AT&T’s overall fourth-quarter smartphone sales topped the previous record of 9.4 million from the fourth quarter of 2011. AT&T did not break down iPhone activations by model in its press release. But the company noted that its wireless operating margins took a hit in the fourth quarter, a possible sign that it sold a large number of newer iPhone 5s as well as older iPhone 4S and iPhone 4 models. AT&T rival Verizon said Tuesday that it sold a record 6.2 million iPhones in the fourth quarter, making up two thirds of its total smartphone sales.”
Read more in the full article here.
[Thanks to MacDailyNews Reader "Pathik Desai" for the heads up.]
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