Complaints about 3 G reporting are n’t putting a dent in AT&T ’s wireless business , as the carrier added 1.86 million wireless client in the first quarter of 2010 .
All of these customer additions have gift AT&T a key boost in its wireless net at a time when its overall earnings are in decline . AT&T ’s wireless section brand $ 4.2 billion in net profit in the first twenty-five percent of this year , a 20.7 percentage boost from the $ 3.5 billion last income it posted in first quarter of last year . AT&T overall see its net income pearl to $ 2.5 billion in first quarter 2010 , a drop of 20.8 percent from the $ 3.1 billion in earnings it cover in first quarter 2009 .
AT&T got a hike last quarter from the continued popularity of the Apple iPhone , which only lam on AT&T ’s web in the United States . Apple reported selling a total of 8.75 million iPhones worldwide last quarter , beating Wall Street expectations for iPhone sales by more than 20 pct . A hefty glob of these iPhone sales gain AT&T , which reported activating 2.7 million new iPhones on its connection last quarter . AT&T also say that roughly 900,000 of these iPhone activation represent new AT&T client .
AT&T ’s overall business is still being harmed by the continuing decline in its wireline section , which describe a last income of $ 1.7 billion last quarter , a 16.7 percentage driblet from the $ 2 billion net income it reported in the first twenty-five percent of 2009 . Lower revenues in the company ’s wireline vox operations account for a important amount in the segment ’s decline in profits , as the $ 7.4 billion in gross the company generated from wireline spokesperson in the first quarter of 2010 represented a 12 per centum drop from the $ 8.5 billion in gross wireline voice generated in the first quarter of 2009 .
