July 24, 2007 10:27 AM
iPhone Raises AT & T 2Q Earnings
And so the iPhone hype slowly fades away. Apple’s ultimate phone, despite the flaws and shortcomings still is, in its own sense, a revolutionary phone, or better yet gadget. For describing it as a mobile phone is like undermining its multi-functionality and revolutionary approach to the way we use and view the mobile phone.
But going back to the AT & T 2nd quarter earnings, reports post rising at $2.9 billion or 47 cents per share, as compared to last year’s $1.81 billion or 46 cents per share. Likewise wireless subscribers rose by 1.5 million to 63.7 million. A part of this increase was traced during the release of the iPhone.
But of course there are other AT & T services which contributed to the increase in AT & T’s earnings for the second quarter. However, it is unavoidable not to attribute the increase in earning towards the hype built on the iPhone. And those other products could very well felt the effect of the consumers toward the iPhone.
Hopefully, the iPhone continues to be under AT & T and that hackers fail to hack it to be able to let other mobile service carriers run their network into the iPhone. If that happens, we will whether the iPhone really caused the increase in AT & T’s earnings.
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