Longtime iPhone carrier partner AT&T reported their earnings for the first quarter of 2012 today. The company added 1.2 million new subscribers and sold six million smartphones, 4.8 million of which were iPhones. To save some of you in the audience a math-related headache, that’s a massive 80% of all smartphones sold!
According to a media release, AT&T’s consolidated revenues dropped 1.5 percent from the year-ago period down to $31.4 billion. Net profit was $3.7 billion, or 67 cents per share. This compares to the year-ago profit of $3.6 billion, or 60 cents per share.
Wireless revenues for the company amounted to $16.7 billion, a modest 3.4% annual jump.
The carrier also reported that it had moved 14% of its customers to its Mobile Share plans, amounting to approximately 10 million connections. 15% of those users actually dropped their unlimited data plans to jump into one of the shared buckets. Among the new Mobile Share plan members, over 2.5 million of them picked up a 10GB or higher tier.
