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| AT&T sells twice as many iPhone 3Gs as iPhones |
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| By AP via Yahoo | ||||||
| Wednesday, July 23, 2008 09:32 | ||||||
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Top phone company AT&T posted on Wednesday a higher quarterly profit as stronger-than-expected growth in wireless subscribers compensated for shrinking traditional landlines. The results pushed AT&T shares up 2.5%, though analysts said they remained worried about the fall in home phone lines and also pointed to weaker-than-expected growth in high-speed Internet subscribers in the second quarter. AT&T said that in the first 12 days following of its launch launch, sales of the iPhone 3G were nearly double levels achieved in AT&T's 2007 iPhone launch. Read the complete story here.
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