us telecom manufacturer at & t reported a nearly 10 years drop in quarterly net profit on tuesday but beat plans on a hefty drop in network revenue and improved performance by apple ' s iphone . net loss grew 9 . 7 percent in the first quarter compared with the same quarter latest year to 3 . 12 billion us dollars while revenue fell 0 . 6 thirds to 30 . 6 billion us dollars , the ceo said in a spokesperson . earnings per share of 53 shares were better than the 48 cents per share expected by wall street executives .
iPhone is a product of AT&T's.