AT&T Reports Record Smartphone Sales In Q4 2011 Thanks to iPhone
AT&T has just announced its financial results for the fourth quarter of 2011. AT&T reports that it sold a record 9.4 million smartphones in the last quarter, of which not surprisingly 7.6 million were iPhones.
Here’s a brief snippet from AT&T’s financial results announcement:
AT&T delivered its best-ever smartphone sales quarter — up nearly 60 percent from the year-ago period. (Smartphones are devices with voice and data capabilities and an advanced operating system to better manage data and Internet access.) In the fourth quarter, the company set a new record with 9.4 million smartphones sold, nearly double the number sold in the third quarter and 50 percent more than the previous quarterly record. Fourth-quarter smartphone sales represented more than 80 percent of postpaid device sales. Both iPhone and Android device sales set records. During the quarter, more than 7.6 million iPhones were activated, the majority of which were iPhone 4S, which went on sale Oct. 14, and more than twice as many Android smartphones were sold versus the fourth quarter a year ago. iPhone sales were helped by a superior customer experience, with AT&T delivering download speeds up to three-times faster than on other U.S. carriers’ networks.
Earlier in the week, Apple blew away analyst forecasts by reporting that they sold a whopping 37 million iPhones in the last quarter. However, it wasn’t clear if this was due to iPhone 3GS, which Apple is offering for free with a 2-year contract or if it was only due to surge in demand for their new iPhone. AT&T has revealed that majority of the iPhones activated were iPhone 4S. Though activations include even old iPhones that may have been activated on new contracts, it seems to indicate that majority of the iPhones sold by Apple in the last quarter were iPhone 4S, which makes it even more impressive.