toggle

AAPL Stock: 113.29 ( + 0.37 )

Printed from http://www.macnn.com

T-Mobile gains 1.1M subscribers, sells 550,000 iPhones in quarter

updated 10:16 am EST, Tue November 5, 2013

Subscriber gains not enough to avoid $36M loss for third quarter

T-Mobile has managed to increase its customer numbers yet again, with its third-quarter results claiming another million users. Adding to the 1.1 million increase from the previous quarterly results, the carrier gained 643,000 branded postpaid subscribers, though this still didn't prevent the company from making a net loss of $36 million for the period. The total number of customers on T-Mobile is said to be more than 45 million across the entire company.

Revenues reached $6.69 billion for the quarter, up 7.4 percent from the previous quarter thanks to the inclusion of MetroPCS, though the merger with the carrier brought T-Mobile to a $7.74 billion loss for the third quarter last year. Approximately 1.5 million MetroPCS customers are now active on T-Mobile's network.

In terms of device sales, the carrier managed to shift 5.6 million smartphones in the quarter. During an earnings call, 9to5Mac reports that just 550,000 iPhones were sold in the quarter, 10 percent of the total smartphone sales figure, though this could have been higher if there were more supplies of the device. The 10 percent figure is a disappointment, as the company had revealed in the previous quarter's results that "Since the April 12th launch, iPhone sales have accounted for approximately 29 percent" of T-Mobile sales and upgrades, excluding MetroPCS.

T-Mobile predicts that it will gain between 1.6 and 1.8 million customers in the next quarter, up from its earlier guidance of 1.0 to 1.2 million.




by MacNN Staff

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented