AT&T posts loss; 8.6M iPhones activated

SAN FRANCISCO (MarketWatch)
AT&T Inc. reported a net loss for the fourth quarter, with adjusted results largely in line with Wall Street's estimates
The carrier activated 8.6 million iPhones in the quarter
For the period ended Dec. 31, AT&T said net losses were $3.9 billion, or 68 cents per share, compared to a net loss of $6.7 billion, or $1.12 per share, for the same period the previous year Adjusted earnings were 44 cents a share for the recent period
Total revenues edged up slightly to $32.6 billion
Analysts were expecting earnings of 46 cents a share on revenue of $32.2 billion, according to consensus estimates from FactSet