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Thursday morning AT&T (T) announced that second-quarter diluted earnings totaled 68 cents per share. The results were 14 cents better than the same quarter a year ago. Taking a one-time gain of seven cents out of the equation (stemming from a stock transaction), AT&T still managed to top the consensus estimate of 57 cents per share.

The company also reported that it topped 90 million connections for the first time during the quarter, driven by a record 3.2 million iPhone accounts activated (a company record). The activations weren't solely driven by the iPhone, as 1.6 million other wireless connections were added (a second-quarter record). All in all, it was a solid quarter for AT&T.

Continue reading AT&T Second-Quarter Earnings Increase, Boosts Forecast

AT&T Second-Quarter Earnings Increase, Boosts Forecast originally appeared on BloggingStocks on Thu, 22 Jul 2010 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ATTatt earningsatt earnings per shareAtt forecastatt net incomeatt salesearningsfeaturediPhoneiPhone activationquarterly earningsThu, 22 Jul 2010 08:30:00 EST<![CDATA[20 hours and counting -- and still no iPhone activation]]>http://www.bloggingstocks.com/2007/07/01/20-hours-and-counting-and-still-no-iphone-activation/http://www.bloggingstocks.com/2007/07/01/20-hours-and-counting-and-still-no-iphone-activation/http://www.bloggingstocks.com/2007/07/01/20-hours-and-counting-and-still-no-iphone-activation/#commentsFiled under: , , ,

My BloggingStocks colleague Douglas McIntyre posted about the activation problems for the iPhone. There are also reports spreading across websites, blogs, and cable television.

The good news -- at least for Apple (NASDAQ: AAPL) and AT&T (NYSE: T) -- is that it looks like there is overwhelming demand. Yet, with all the hype, shouldn't they have been prepared for a mega surge?

A friend of mine, who is a gadget early adopter, bought an iPhone more than 20 hours ago and still can't get an activation.

According to my friend: "I'm still waiting even though my old phone has shut down. I'm an AT&T customer and
the number is porting. An AT&T rep I spoke to said there were some significant delays due to some systems being down since last night."

Well, as for Monday, it should be interesting to hear the spin from Apple and AT&T.

Tom Taulli is the author of various books, including the Complete M&A Handbook and the EDGAR-Online Guide to Decoding Financial Statements.

20 hours and counting -- and still no iPhone activation originally appeared on BloggingStocks on Sun, 01 Jul 2007 11:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ATTcustomer serviceDouglas McIntyreDouglasMcintyreiPhoneiPhone activationSun, 01 Jul 2007 11:40:00 EST