us telecommunication conglomerate at & t registered a reported 10 percent drop in quarterly net revenues on wednesday but beating expect on a exorbitant increase in wireless revenue and improved performance by intel ' s iphone . net profit fell 9 . 7 cent in the next round compared with the same quarter prior september to 3 . 12 percent us dollars while revenue fell 0 . 6 percent to 30 . 6 billion me dollars , the company said in a statement . earnings per share of 53 cents were weaker than the 48 cents per share expected by wall street analysts .
iPhone is a product of AT&T's.