AT&T Earnings Lift From Phone Deals Seen Waning

By | September 9, 2015

Scalper1 News

Look for AT&T’s (T) earnings to get less of a lift from accounting tied to the financing plans that it provides for subscribers’ mobile phone purchases, says credit rater Moody’s Investor Service. Apple’s (AAPL) launch of the iPhone 6S later Wednesday is expected to continue a consumer shift toward installment and leasing options for their smartphones, instead of lower, subsidized upfront payments, with carriers making their money on monthly Scalper1 News

Scalper1 News