AT&T’s Bumpy Business

AT&T is making good money thanks to the iPhone. It gained nearly $1 billion in new wireless net income in this past year. But the company’s wireline business is declining so rapidly all the profits are eaten up and third-quarter profit fell 1.2%, year-over-year.

October 22nd, 2009 by Jeff |
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October 22nd, 2009 by Jeff | Filed under Business, economy