AT&T signs up 146,000 new subscribers in June b/c of iPhone
The early iPhone numbers are finally in – at least from AT&T’s perspective. AT&T reported that the company signed up 146,000 new subscribers in the first two days that it offered the new Apple iPhone. This is lower than what Wall Street analysts had hoped for which was in the neighborhood of 200,000 new subscriptions.
According to News.com, while initial sales were not as strong as expected, AT&T did state that approximately 40 percent of the subscribers that purchased an iPhone were new customers to AT&T. AT&T executives have stated that sales continue to be strong in the month of July and one would expect this to be the case. Gene Muster, an analyst for Pipe Jaffray, believes Apple will ship 45 million iPhones by 2009 – that’s a whole lot of iPhones folks. It’ll be interesting to hear what Apple’s numbers will be tomorrow afternoon and how it jives with AT&T’s numbers.
You can read more about the earnings announcement here at News.com.
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