if you pull the numbers on AT&T for Q4 2011 you'll see that they're even worse. In Q4 the company had a net loss of $6B (ouch!). As you pointed out, this is largely a result of increased Operating Expenses. But the company definitely posted a loss.
On a side note, here's a 10-yr chart of Net Income showing how AT&T earnings have become more volatile in the past few years - I'm guessing due to increased competition and rapid changes in communications technology.
Did you have any thoughts on AT&T's long term debt position?© BrainMass Inc. brainmass.com June 4, 2020, 2:40 am ad1c9bdddf
IF we observe AT&T's long term debt position in the last few quarters, it has been hovering around the 58 to 60 billion dollar mark. The debt position of the company has increased compared to the 2010 levels. The company's ...
The expert examines thoughts on AT&T's long term debt position.