AT&T Q1 Profit Rises By 22%

Posted: Apr 22 2008, 10:01am CDT | by , Updated: Aug 11 2010, 7:35am CDT, in News | Mobile Phones


AT&T Q1 Profit rises by 22%
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AT&T released strong numbers for the first Quarter of 2008 with profits surging 22%.

AT&T's reported first-quarter 2008 net income totaled $3.5 billion, up 21.5 percent from $2.8 billion in the year-earlier first quarter, and reported earnings per diluted share totaled $0.57, up 26.7 percent from $0.45 in the first quarter of 2007.
Apparently iPhone sales are a big part of the profit rise for AT&T.
More details on the AT&T site and on Bloomberg.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
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