AT&T Q1 iPhone sales up despite Verizon iPhone launch

AT&T announced its first-quarter fiscal results this morning, revealing that iPhone activations at the carrier increased by nearly one million year-over-year, despite newfound competition from the Verizon iPhone. In total, the company activated 3.6 million iPhones during the quarter, 23 percent of which represented subscribers new to the company, while iPhone subscriber churn levels remained unchanged from the year before. Notably, the iPhone accounted for 65 percent of AT&T’s best-ever smartphone sales of 5.5 million. In addition to details regarding the iPhone, AT&T also revealed that it added 322,000 tablet subscribers in the quarter, over 80 percent of which were prepaid customers; it did not specify how many of those were iPad users.