Comment on New wireless subscribers down sharply at AT&T

New wireless subscribers down sharply at AT&T Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 06:15 a.m., Tuesday, April 24, 2012 NEW YORK (AP) — When Verizon Wireless started selling the iPhone, AT&T sounded a defiant note, saying that its customers would remain loyal. [...] it was the only one that managed to keep up with AT&T's iPhone-fueled growth. Weak subscriber figures are usually good for a phone company's earnings in the short term, since it doesn't have to subsidize new devices. The Dallas-based company's net income for the January to March period was $3.6 billion, or 60 cents per share, up 5 percent from $3.4 billion, or 57 cents per share, a year earlier.