AT&T posts Q2 results: 1.3 M net adds, 5.1 M smartphone sales

AT&T posted their second quarter 2012 financial results today. 5.1 million smartphones were sold; subtract the 3.7 million iPhone activated, and you should get a pretty clear idea of how many Android devices were sold. There were 1.3 million net subscribers added. Here are the broad strokes.  

  • $0.66 diluted EPS compared to $0.60 diluted EPS in the second quarter of 2011, up 10 percent year over year and sequentially
  • Consolidated revenues of $31.6 billion, up 0.3 percent versus the year-earlier period; up 2.0 percent when adjusted for Advertising Solutions sale
  • Highest-ever wireless margins, operating income margin of 30.3 percent, with EBITDA service margin of 45.0 percent
  • $2.5 billion in stock buybacks; 75.8 million shares repurchased
  • 18.8 percent growth in wireless data revenues, up $1 billion versus the year-earlier quarter
  • Best-ever postpaid, prepaid and total wireless churn; postpaid churn drops to 0.97 percent
  • 1.3 million total wireless net adds, with gains in every customer category; 320,000 postpaid net adds
  • Strong smartphone sales of 5.1 million with more than one-third of all postpaid smartphone subscribers now on 4G-capable devices
  • Branded computing (tablets, tethering plans, etc.) net adds of 496,000 to reach a total of 6.3 million, up more than 50 percent versus a year ago
  • Postpaid wireless subscriber ARPU (average monthly revenues per subscriber) up 1.7 percent to $64.93

You can dig in to more of the nitty gritty over at AT&T's investor relations. For some reason there's a video running down the highlights, so here you go. 

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