Apple’s iPhone 3G saves AT&T from recession

Thursday, January 29th, 2009 at 8:24 pm

If it wasn't for Apple's iPhone, AT&T would have had tough time this past holiday quarter. AT&T's landline business suffered as more and more customers are switching to wireless. Thanks to 1.9 million new iPhone 3G activations in the quarter, however, AT&T's wireless business grew. The iPhone is also stimulating AT&T growth at the expense of its ri