AT&T expects record smartphone sales in Q4 thanks to iPhone

News Wireless United States 7 DEC 2011
AT&T expects record smartphone sales in Q4 thanks to iPhone
AT&T announced that it's on track to break its single-quarter record for smartphone sales. Speaking at the UBS communications conference in New York, AT&T CFO John Stephens said that AT&T sold about 6 million smartphones in the first two months of the fourth quarter. Because December is traditionally one of the strongest sales months, AT&T now expects to break the previous single-quarter smartphone record of 6.1 million. The strong smartphone sales in part reflect a higher number of handset upgrades from customers who were waiting for the launch of the new Apple iPhone 4S, the mobile operator said. AT&T previously announced that it activated more than 1 million iPhone 4S in the first five days the device was available. AT&T said iPhone 4S sales remain strong. Stephens also confirmed AT&T will turn on additional LTE markets, including New York City, this month, and expects to cover 70 million people with its LTE network by year-end, in line with its previously announced plans.

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