Between iPhone 5, Galaxy S III and Lumia 920, AT&T racks up its smartphone sales targets

Between iPhone 5, Galaxy S III and Lumia 920, AT&T racks up its smartphone sales targets
Buoyed by extraordinarily strong demand for smartphones this holiday season, AT&T made the rare step to change its 2012 sales forecast mid-flight, and announce it is upping the predicted 25 million smartphone sales to 26 million now.

It might not sound as a wild estimate raise, but by the time we hit earnings, these usually turn out to be conservative numbers, since the market loves positive surprises, as those keep investors happy for at least a quarter.

CEO Ralph de la Vega said at an investor conference "traffic in stores had been strong", divulging that AT&T has so far sold 6.4 million units just for October and November alone. Of note is that the new subscribers also bought larger than expected data packages, which will add to revenue for the quarter even further. Time to load up on those AT&T January call options, people, if the country isn't into fiscal cliffdiving mode by then.

source: Reuters

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10 Comments

1. PAPINYC

Posts: 2315; Member since: Jul 30, 2011

I can't believe people are still subscribing to AT&Tragic after that article a few weeks ago; I'm sure they'll all cancel anyways when the country goes over that 'cliff'.... as per PA's own prediction.

8. jldleo

Posts: 38; Member since: Aug 09, 2011

PAPINYC I couldn't agree with you more. I have a friend on AT&Trash who drops calls like its 1999.

10. Nadr1212

Posts: 741; Member since: Sep 22, 2012

BLOOP!

2. asulect

Posts: 131; Member since: Aug 27, 2012

Must be all those Lumia 920s it sold.

3. hfielding

Posts: 3; Member since: Dec 24, 2011

Which article are you referring to PAPINYC? I would like to read it.

4. PAPINYC

Posts: 2315; Member since: Jul 30, 2011

Here, directly on PhoneArena: http://www♥phonearena♥com/news/Consumer-Reports-ranks-AT-T-U.S.-worst-carrier-Verizon-leads-the-way_id37144 Replace the ♥'s with periods. Enjoy!! You can also type in "att worst service" in the search field at the top of PhoneArena's home page and you'll find two more articles. This is the THIRD year in a row for AT&Terrible (according to Consumer Reports) as WORST!!

5. RiseAgainst94

Posts: 281; Member since: Mar 03, 2012

Great to see Lumia 920 on the title! Don't really care about AT&T.

6. gazmatic

Posts: 807; Member since: Sep 06, 2012

as soon as people figure out how to unlock the lumia at&t the sales will get stronger... no one wants a carrier branded phone

7. TROLL

Posts: 4851; Member since: Apr 13, 2012

iPhone5 and S3 and others are selling well, except Nokia+WP8.....!

9. MC1123

Posts: 1256; Member since: Nov 12, 2012

it would be nice to see this three beast on top 3 of AT&T! im still wishing a lumia 922 will be available to verizon! and with the specs of the 920T...yes with microSD slot please!

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