AT&T Profit Beats Street, No New iPhone Means Improved Wireless Margins – Forbes

AT&T Profit Beats Street, No New iPhone Means Improved Wireless Margins
Forbes
Recall that there was no new iPhone released last quarter. AT&T margins are pressured when a new version of a popular phone is released because it subsidizes those sales (paying out cash to companies like Apple). The more new iPhones AT&T sells, …
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