iPhone accounted for nearly 84% of smartphone sales at AT&T last quarter

While Wall Street remains bearish on Apple due to lower-than-expected iPhone sales, they are seemingly ignoring that the iPhone is fast becoming the most popular handset on every single U.S. carrier where it's available.

While the fine folks on Wall Street are bearish on Apple due to lower-than-expected iPhone sales, they are seemingly ignoring the fact that the iPhone is fast becoming the most popular handset on every single U.S. carrier where it's available. Recently, Verizon released its earnings from Q4 2012 and revealed that iPhone activations increased by 47% year-over-year as Apple's smartphone comprised 63% of all smartphone activations during the recent holiday quarter.

And, earlier today, AT&T released its earnings results from the fourth quarter of 2012 and touted a record-setting 8.6-million iPhone activations. AT&T was also pretty proud of the fact that 16% of those activations were to brand new AT&T customers. At the same time, AT&T also noted that the quarter gone by saw the company hit an all-time record in regards to Android smartphone sales.

So the iPhone is selling amazingly well on AT&T, but just how popular is it compared to the rest of the devices in AT&T's smartphone stable?

Well, overall, AT&T sold a record 10.2 million smartphones. So while the total number of iPhone sales is of course slightly below the 8.6 million activations, it stands to reason that the total number of iPhone sales is close enough. Consequently, the iPhone this past quarter comprised approximately 84% of all the smartphone sales on AT&T.

So, when we take a look at the two largest carriers in the U.S., iPhone sales comprise the vast majority of total smartphone sales. And to think that pundits still think iPhone demand is waning at the hands of devices like the Galaxy S III.

TechCrunch adds:

... AT&T activated 8.6 million iPhones, compared to Verizon’s 6.2 million, meaning that combined the two U.S. carriers accounted for 14.8 million units, or around just a hair under 31% of all iPhones sold globally by Apple during the quarter. AT&T is still Apple’s number one driver of device sales, despite the fact that its monopoly on the iPhone ended years ago.

As for AT&T's actual financial results, the company posted a loss of $0.68 a share compared to a quarterly loss of $1.12 in the same quarter a year ago.

via AT&T

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