AT&T’s 1.6 million activations equals 3.7 million iPhones – Analyst | iPhone News Vault
logo

Categories


AppStore Top 10


AT&T’s 1.6 million activations equals 3.7 million iPhones – Analyst

April 25, 2009   ·   admin   ·   Jump to comments

leaning iphone 3g (clean)AT&T (T) released its first quarter results Wednesday morning, and although earnings were down 9%, its iPhone business was strong, with more than 1.6 million activations in the quarter.

According to Piper Jaffray’s Gene Munster, that’s good news for Apple (AAPL). In a brief report to clients he calculates that 1.6 million activations translates — once Apple Store and international shipments are added in — into sales of 3.7 million iPhones.

How does he figure that?

“Last quarter,” he writes, “AT&T activated 1.9 m[illion] iPhones and Apple sold a total of 4.4 m[illion] units. According to this relationship, the AT&T activation number implies a total of 3.7 m[illion] iPhones in the March quarter.”

That would be a positive sign for Apple shareholders, says Munster, because the Street is expecting the company to announce later Wednesday that it shipped 3.3 million iPhones in the quarter.

Strong iPhone sales are also good news for AT&T. 40% of those new activations came from customers who were new to the carrier. Once on board, iPhone customers tend to stay loyal (reducing “churn”) and generate an average 1.6 times more revenue than other customers.

Tune in here at 5 pm ET (2 pm PT) for live coverage of Apple’s 2009 Q2 earnings call.

[Via Forbes Apple 2.0]

  • Share/Bookmark
readers comments





Pi-Cubed: Visual Math

Pi-Cubed: Visual Math

A visual math application designed from the ground up for a touch-based interface

TruPlay Football

TruPlay Football

A statistical based football game with Bluetooth support

Modern Combat

Modern Combat

Modern Combat Sandstorm is a new action-thriller that plunges you into the heart of modern war. You have to infiltrate enemy camps with the latest weapons

NFL 2010

NFL 2010

Players can enjoy an exhibition, season, or playoff gametype with all the detail that you would expect from an NFL sanctioned game. Choosing plays and running them is simple and touch'nswipe-based.

TomTom GPS

TomTom GPS

The TomTom app puts award-winning technology at your fingertips, like IQ Routesâ„¢ which gives you the smartest, most efficient route for any time of day.


iPod Superstore + over 1000 iPod Accessories