european telephone giant at & t reported a nearly 10 percent drop in quarterly net profit on wednesday but beat expectations on a pay increased in wireless gain and improved performance by apple ' s iphone . net profit fell 9 . 7 percent in the same place compared with the same quarter last year to 3 . 12 billion us dollars while productivity decreased 0 . 6 percent to 30 . 6 % usa credits , the company said in a statement . prices a share of 53 cents were better than the 48 cents per shares forecast by wall street intelligence .
iPhone is a product of AT&T's.