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AT&T (T -1.9%), which has had a strong 2012 run-up, has turned negative following a mixed Q2...

AT&T (T -1.9%), which has had a strong 2012 run-up, has turned negative following a mixed Q2 report. While the wireless division saw higher margins, rising ARPUs, and lower churn to go with 1.3M net adds (320K postpaid), wireline revenue fell 0.8% Y/Y, and U-Verse subscriber adds slipped from Q1 levels. Also, smartphone sales fell 7% Q/Q to 5.1M (iPhones -14% to 3.7M) - positive for near-term margins, but negative for long-term growth - and EPS was boosted by $2.5B worth of buybacks.
Comments (3)
  • Goeleven
    , contributor
    Comments (629) | Send Message
     
    That looks not beautifull?
    24 Jul 2012, 11:28 AM Reply Like
  • Day Trader001
    , contributor
    Comments (767) | Send Message
     
    Sounds nice and "negative as usual"!

     

    What do ya want to bet I make good money on the1000 shares tomorrow that I just bought!
    24 Jul 2012, 12:56 PM Reply Like
  • QuantRec
    , contributor
    Comments (438) | Send Message
     
    Apple Earnings Preview: 5 Numbers That MATTER http://goo.gl/f6Shl
    24 Jul 2012, 01:27 PM Reply Like
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