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Thursday, January 29, 2009

AT&T loves iPhone at last

For much of last year, AT&T (T) Mobility’s websites seemed to be promoting every cell phone in their arsenal except for the iPhone — as if the company wasn’t sure the revenue coming in from iPhone users was worth the steep bounty it was paying Apple (AAPL) for each sale.

No more.

Today when you visit its website, a promo for the iPhone 3G (”Now Available Online!”) is often the first thing that pops up — and based on the fourth quarter results the company released Wednesday, you can see why...

...Q4 revenues were up 2.4% (to $31.1 billion) in a tough economic climate thanks to results in the wireless division that CEO Randall Stephenson attributed largely to the iPhone.


Read the whole story here.

This clearly showcases how stupid some people are. AT&T could not figure how much of a God-send iPhone was until now?

/spit

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