AT&T Announces Q2 Financial Results

Together with the others, AT&T announces its second quarter 2012 financial results. It is good to know that one of the biggest mobile carriers in theUSis doing great and the following results prove that. During the last quarter 5.1 million smart-phones were sold and 3.7 million of them were iPhones. On the top of that AT&T added 1.3 million net subscribers which is a lot in three months only. Along with great income AT&T’s consolidated revenues reached 31.6 billion which is 0.3 percent higher than during the same quarter in 2011. Highest-ever wireless margins, operating income margin of 30.3 percent, with EBITDA service margin of 45.0 percent. They also got $2.5 billion in stock buybacks and 75.8 million shares repurchased. Branded computing (tablets, tethering plans, etc.) net adds of 496,000 reached a total of 6.3 million, up more than 50 percent versus a year ago. In other words, AT&T is doing fine and we hope to see them prosper as long as possible.