AT&T Announces Q2 2010 Financial Earnings

Dallas, Texas-based AT&T announced today its financial earnings for the second quarter of 2010, which ended on June 30 of this year. The company as a whole managed to make $30.8 billion in revenue. That’s a 0.6% increase from the same period last year, and a 0.9% increase from Q1 2010. When it comes to net income, AT&T made $4.0 billion, or $0.68 per diluted share. In comparison, the company made $3.2 billion, or $0.54 per diluted share, in Q2 2009.

Do take into account that the figures above include earnings from all of the AT&T subsidiaries consolidated. These are not the results of the wireless branch of AT&T only. However, if you are interested, the wireless branch of AT&T managed to make $13.2 billion in revenue during the quarter.

The report also reveals that, as Erictric reported earlier, AT&T activated a record-breaking 3.2 million iPhones in the three-month period. According to the company, Approximately 27 % of those activations “were for customers who were new to AT&T.” In addition, AT&T indicates that iPhone 4 pre-orders were 10 times higher than those of the iPhone 3GS, making it the most popular iPhone to date.

For more information, check out the official press release by AT&T.