|AT&T Expects Record Smartphone Sales in 4Q|
Posted: 08-Dec-2011 [Source: AT&T]
[AT&T exec announces the company is set to break its single-quarter record for smartphone sales. The previous single-quarter smartphone record is 6.1 million units.]
Dallas, TX -- John Stephens, AT&T Senior Executive Vice President and Chief Financial Officer, announced that AT&T is on track to break its single-quarter record for smartphone sales.
Speaking at the UBS 39th Annual Global Media and Communications Conference in New York, Stephens said that AT&T sold about 6 million smartphones in the first two months of the fourth quarter. Because December is traditionally one of the strongest sales months, AT&T now expects to break the previous single-quarter smartphone record of 6.1 million.
AT&T’s strong smartphone sales in part reflect a higher number of handset upgrades from customers who were waiting for the launch of a new iPhone. AT&T previously announced that it activated more than 1 million iPhone 4S’ in the first five days the device was available. AT&T said iPhone 4S sales remain strong. Only on AT&T’s network can iPhone 4S users download three times faster and talk and surf at the same time.
Stephens also said today that AT&T will turn up additional 4G LTE markets, including New York City, this month, and expects to cover 70 million people with its LTE network by year-end 2011, consistent with its previously announced plans.
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