Thursday, January 24,2008 @ 1:55pm
AT&T reports 2m iPhone customers in 2007
AT&T today said it ended 2007 with "just at or slightly under two million iPhone customers," according to a report from Reuters. The wireless carrier, which has an exclusive agreement with Apple to distribute as well as provide service for the iPhone in the U.S., reported "strong" fourth quarter results and reaffirmed its 2008 and multi-year outlook. AT&T saw 2.7 million new wireless subscribers, marking the best-ever quarterly increase by any U.S. wireless company to end the year with a total of 70.1 million wireless subscribers.
"We had very solid sales results in October and November and we had almost double sales in December," AT&T CFO Rick Lindner said of iPhone sales.
Interestingly, Apple reported quarterly iPhone sales of more than 2.3 million over the same period, helping the Cupertino-based company to churn out its best quarter in history.