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AT&T/Verizon earnings suffer because of iPhone.


legion125

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Migrated from Original Forum. Originally Posted 26 January 2012

 

The title says a lot now that earnings season is upon us. We can now see how much subsidizing the iPhone hurts the bottom line. Sprints earnings call is just short of two weeks away. it will be interesting to see what its numbers reveal. Hopefully, Hesse & Co will be more forthright in their responses than when they did this in October.

 

http://www.bloomberg.com/news/2012-01-26/at-t-fourth-quarter-sales-beat-estimates-as-iphone-drives-subscriber-gains.html

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