AT&T (NYSE:T) reported quarterly earnings of $0.60 per share which missed the analyst consensus estimate of $0.61 by 1.64 percent. This is a 32.58 percent decrease over earnings of $0.89 per share from the same period last year. The company reported quarterly sales of $29.64 billion which beat the analyst consensus estimate of $29.56 billion by 0.28 percent. This is a 32.70 percent decrease over sales of $44.05 billion the same period last year.
Apple’s Chinese Retailers Use Discounts For Premium iPhones To Spur Demand, Analyst Snubs Move
Third-party retailers in China doled up to 10% discounts on Apple Inc's (NASDAQ: AAPL) iPhone 14 Pro to counter the weak demand.
