us telecom regulator at & t reported a ~ 10 percentage drop in quarterly net profit on wednesday but set expectation on a hefty gain in global revenue and improvements productivity by apple ' s iphone . net profit fell 9 . 7 percent in the last quarter comparative with the same quarter last year to 3 . 12 billion us dollars while revenue fell 0 . 6 % to 30 . 6 billions us dollars , the board stated in a statement . earnings per share of 53 cents were better than the 48 cents per share expected by wall avenue investors .
iPhone is a product of AT&T's.