AT&T marked a strong first quarter with smartphones leading the way, the company announced today.
During the three-month period ended March 31, AT&T generated $31.8 billion in revenue, representing a gain of $575 million, or 1.8 percent, compared to the first quarter of 2011. In addition, AT&T posted a profit of $3.6 billion, or 60 cents per share, in the period, up from the $3.4 billion it generated in the first quarter of 2011. Analysts were predicting 57 cents per share for the latest quarter.
A key revenue driver for … Read more