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Live Coverage Follow Reuters Facebook Twitter RSS YouTube Read Tanker hits San Francisco Bay Bridge: Coast Guard 07 Jan 2013 Exclusive: Disney looks for cost savings, ponders layoffs - sources 07 Jan 2013 David Bowie breaks long silence with new music release 8:31am EST Israel muted over Obama's Pentagon pick 8:10am EST The Kraken wakes: first images of giant squid filmed in deep ocean 5:09am EST Discussed 121 Gun purchasers set new record in December: FBI 110 House Republicans weigh last-ditch challenge to fiscal deal 89 Obama says U.S. can’t afford more showdowns over debt, deficits AT&T sells record 10 million smartphones in fourth-quarter Tweet Share this Email Print Related News AT&T sells record 10 million smartphones in Q4 8:56am EST Galaxy powers Samsung to record $8.3 billion profit 8:49am EST Samsung sees fourth quarter profit at $8.3 billion on Note sales, components Mon, Jan 7 2013 Analysis: Apple bid for Samsung sales ban faces skeptical court Mon, Jan 7 2013 Hitting a high Note: 'phablets', chips to drive Samsung fourth quarter profit Mon, Jan 7 2013 Analysis & Opinion In search of Google’s dark side Record year for global bond markets in 2012 Related Topics Tech » Media » Tue Jan 8, 2013 10:22am EST (Reuters) - AT&T Inc sold more than 10 million smartphones in the fourth quarter, a record, the company said on Tuesday. The total topped the previous record of 9.4 million sold in the same quarter in 2011. The latest results suggested AT&T smartphone sales for all of 2012 will be about 26.7 million units, slightly ahead of its previous forecast of 26 million. On Monday, AT&T rival Verizon Wireless said it had its strongest fourth quarter ever, with an increase in subscribers and a rise in sales of Apple Inc's iPhone 5 and other devices. While smartphones help operators keep customers and attract new ones they also raise costs. Wireless service providers including AT&T pay hefty subsidies to handset makers so that they can offer device discounts to customers who commit to two-year contracts. Wells Fargo analyst Jennifer Fritzsche said AT&T could miss her expectations for a wireless profit margin of 32.7 percent because of higher-than-expected smartphone sales. Shares of AT&T were down 1.3 percent at $34.47 on Tuesday morning. The company averaged daily sales of more than 110,000 smartphones that run on Apple, Google Android and Microsoft Window operating systems, AT&T Chief Executive Ralph de la Vega said in a statement. AT&T will announce fourth-quarter results on January 24. Analysts, on average, expect earnings per share of 49 cents, compared with 42 cents for the same quarter last year, according to Thomson Reuters I/B/E/S. (Reporting by Jennifer Saba in New York; Editing by Jeffrey Benkoe) Tech Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. 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