AT&T Shows iPhone and 3G Network Killing Profits

by Jason Wilk on October 22, 2008

death-star-att-1

  • Yesterday’s AT&T earnings report shows the company activated 2.4 million iPhones but lost $900 million in third-quarter earnings as a result of heavy data usage over the new 3G.
  • How high will data plans forseeably rise for AT&T customers?

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