Oct 22 · 9:27:00 AM · Source: AP

AT&T Inc.'s net income dipped as revenue from traditional landlines fell faster than the company could cut costs. But in the growing wireless industry, AT&T is thriving, adding a record 3.2 million iPhones. AT&T earned $3.19 billion, or 54 cents per share, from July through September. That was down 1.2 percent from the same period a year earlier.
Analysts polled by Thomson Reuters had on average expected a profit of 50 cents per share.

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by Larry Etter