Parisian Family Office, CEO. Began Wall Street, 1982. Founded investment firm, CHIPPEWA PARTNERS, Native American Advisors. Active Trader. White Earth Chippewa Tribal member. Was NYSE/FINRA arb. Conservative, raised on Great Plains reservations. Pureblood, clot-shot free. In a world elevated on a dopamine binge, this is his take! Written from MT Ghost Ranch on the Yellowstone River, TN farm Pamelot or San Jose del Cabo, Mexico, CASA TULE'. Always been, will always be, an optimist.

Tuesday, April 22, 2008

T ---- You go girl !!!!!!!!!!

Net income rose to $3.46 billion, or 57 cents a share, from $2.85 billion, or 45 cents a share, in the 2006 first quarter. Revenue increased 6.1% to $30.74 billion from $28.97 billion. Wireless sales were up 18% to $11.8 billion. AT&T, the exclusive provider of the Apple iPhone, ended the first quarter with a nation-leading 71.4 million mobile customers.

Some Wall Street analysts, however, were expecting the company to add as many as 1.5 million subscribers. AT&T said net additions were reduced by 330,000 customers related to the shutdown of the company's older TDMA wireless network.

Excluding acquisition-related expenses and other one-time costs, AT&T earned $4.5 billion, or 74 cents a share, compared with $4.1 billion, or 65 cents, a year ealrier.

The adjusted profit exceeded Wall Street's forecast. AT&T was expected to earn 72 cents a share on revenue of $30.67 billion, according to the average of analysts surveyed by financial-data provider FactSet Research.

AT&T added 491,000 high-speed Internet customers to bring its total to 14.6 million, also the No. 1 market position in the U.S. And AT&T gained 148,000 customers for its new U-Verse fiber-TV service to finish with 379,000 in service.

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