Quote:
Originally Posted by GregWeld
God bless America!
You don't owe me ANYTHING! Just knowing that things are working - or even NOT working - is good enough!
Yes AT&T has had a nice run - but that run is linked to all the new phones and iPad type devices that are coming on! I think AT&T would have been left for dead if they hadn't seen the move in the cellular market. And the market and the demands for speed and data are going to propel AT&T and Verizon to ever new highs.
They pay a great dividend - and have great cash flow... and are well run. What more can a guy want?
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Greg, just remember that AT&T makes more profit when the sales of the iphone slows down. The stock has had a good ride recently due to the slow down of iphone4S sales. People were waiting for the iphone 5 to come out.
AT&T loses -$200 for evey iphone sale.