Thursday, January 24, 2013

AT&T boasts $3.9 billion profit in Q4 2012, $7.2 billion profit for the year

[![AT&T boasts TKTK results for Q4 2012, ](http://www.blogcdn.com/www.engadget.com/media/2013/01/att620x340pxhedimg.jpg) ](http://www.engadget.com/2013/01/24/att-q4-2012-financials/)

American telecommunications giant [AT&T](http://www.engadget.com/tag/att) announced its Q4 2012 financial results this afternoon, which reflect $3.9 billion in net profit for Ma Bell's final fiscal quarter of last year. The company's also posting "record smartphone sales" of 10.2 million last quarter -- "the most by any US carrier," it claims. As it's Q4, the results for the full year are also in; AT&T revealed $7.264 billion in net income across the entirety of 2012. That's what we'd call a _marked change_ from [last year's losses](http://www.engadget.com/2012/01/26/atandt-q4-2011-revenues-up-3-6-percent-7-6-million/).

In terms of phones, AT&T signed up 8.6 million new iPhone customers (16 percent of which were totally new to the company), up 1 million over 2011's Q4 and nearly double that of [Q3 2012](http://www.engadget.com/2012/10/24/att-q3-2012/). No specific number is given on Android sign-ups, but AT&T's calling it the "best-ever sales quarter for Android smartphones."

Operating revenues just barely exceeded those of 2011, reaching $127.434 billion, offset by $114.437 billion in expenses (down $3 billion over 2011). Customer numbers also grew in 2012, by a healthy 1.086 million people, the vast majority of which are contract customers (approximately 70 percent). Needless to say, things seem to have gone _pretty okay_ for AT&T in 2012. Not too bad for the [least loved mobile carrier in the US](http://www.engadget.com/2012/11/29/consumer-reports-verizon-ranked-the-best-major-us-carrier-this/).

Filed under: [Cellphones](http://www.engadget.com/category/cellphones/), [Handhelds](http://www.engadget.com/category/handhelds/), [Tablets](http://www.engadget.com/category/tablets/), [Wireless](http://www.engadget.com/category/wireless/), [Mobile](http://www.engadget.com/category/mobile/), [AT&T](http://www.engadget.com/category/atandt/)

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URL: http://www.engadget.com/2013/01/24/att-q4-2012-financials/

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