John Paczkowski

Recent Posts by John Paczkowski

AT&T Activates 3.1 Million iPhones in Q4

Widespread criticism of AT&T’s network performance hasn’t had much impact on the company’s financials. Reporting fourth-quarter earnings this morning, the carrier posted a 26 percent increase in profit, fueled by solid growth from the wireless business for which it is so often lambasted. Wireless service revenue rose 9.2 percent, and the company added 2.7 million net subscribers.

Earnings rose to $3.01 billion, or 51 cents a share, from $2.4 billion, or 41 cents a share, a year earlier. Revenue was $30.86 billion. Earnings per share and revenue both met analysts’ expectations. (Click summary below to enlarge.)

AT&T (T) activated 3.1 million Apple (AAPL) iPhones in the fourth quarter, one third for new customers.

“We had a solid 2009 and led the industry in the biggest growth driver–mobile broadband,” AT&T CEO Randall Stephenson said in a statement. Looking ahead, he added, “Our fundamental outlook for the business is quite positive.”


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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There’s a lot of attention and PR around Marissa, but their product lineup just kind of blows.

— Om Malik on Bloomberg TV, talking about Yahoo, the September issue of Vogue Magazine, and our overdependence on Google