AT&T releases Q2 results

AT&T Inc. (NYSE: T) released its second quarter earnings today, with a news release stating the company had a net income of $4 billion and a price per diluted share of 68 cents.

Profits were driven by a company record 3.2 million iPhone activations and continued growth in mobile broadband, the release said.

AT&T Chairman and CEO Randall Stephenson said the second quarter results inspire optimism for the rest of the fiscal year.

"We continue to see positive signs of growth in almost every customer segment of our business ... " he said in the release. "These results add to our confidence going into the second half of the year."

In the second quarter of 2009, the company reported a net income of $3.2 billion with 54 cents per diluted share, according to the second quarter investor briefing (PDF).