AT&T reported earnings today with a modest 2.1% year over year gain in revenue but declining profits, which did slightly beat analyst’s expectations. In Apple land, they noted the activation of 4.1 million iPhones..
Continued Strength in Integrated Device Sales. AT&T continued to grow its base of integrated device subscribers. More than 7.4 million postpaid integrated devices were sold in the fourth quarter, including the second-largest quarterly number of upgrades in the company’s history. Integrated device sales included 4.1 million iPhone activations. More than 80 percent of postpaid sales were integrated devices. (Integrated devices are handsets with QWERTY or virtual keyboards in addition to voice functionality and are a key driver of wireless data usage.)
AT&T also said it sold 442,000 iPads and Android-based tablets combined bringing their total over the past three quarters to 1.5 million. We’re going to go ahead an wager that most of those are iPads.