AT&T Announces Record 5.2 Million iPhone Activations In Q3, 2010
This is 62% higher than the earlier quarterly record of 3.2 million iPhone activations.
Here's a snippet from AT&T press statement:
AT&T's third-quarter integrated device growth included 5.2 million iPhone activations, the most iPhone activations ever in a quarter. This is 62 percent more than the previous quarterly record of 3.2 million activated in the second quarter of 2010. Approximately 24 percent of those activations were for customers who were new to AT&T.
It is also pertinent to note is that only 24% of iPhone activations were for new AT&T customers, which signifies a continuous decline in the base of potential iPhone consumers.
When iPhone 4 was launched earlier in the year, AT&T had moved up the upgrade eligibility criteria making it possible for users to upgrade to iPhone 4 when it went on sale in June. This seems to have definitely helped in causing the spike in the iPhone 4 activations.
It is widely speculated that Apple will offer a CDMA iPhone on Verizon's network in early 2011. It will be interesting to see how AT&T manages to maintain this strong revenue and earnings growth, which is currently on the back of iPhone sales.
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