Dividend.com: AT&T Has Apple Juice

AT&T Phones in Some Profits

AT&T(T Quote) reported a revenue gain of 4.7% to $30.87 billion, a touch below what had been expected. Its earnings per share number of 76 cents matched the estimates on the Street.

Sales of Apple(AAPL Quote) iPhones (sold exclusively in the U.S. through AT&T) helped offset what has been an accelerated loss of AT&T's traditional local-calling business line customers. The company now has 72.9 million mobile customers, making it the No. 1 carrier in the U.S. Verizon Wireless, a joint venture of Verizon Communications(VZ Quote) and Vodafone(VOD Quote), is second with an estimated 69 million customers. What may be surprising to investors is that AT&T now has 14.7 million DSL broadband subscribers, making it the largest supplier of high-speed Internet service in the U.S. ...