T-Mobile is also aiming for $10 billion more in adjusted operating profits through 2027 compared to 2023, with a projected range of $38 billion to $39 billion. Wall Street was modeling for $37.8 billion in 2027 adjusted operating profits ahead of the event. The company promised $50 billion in dividends and stock buybacks through 2027, as well.

T-Mobile CEO Mike Sievert reported higher iPhone 16 sales in the first week compared to last year, in a CNBC interview. Customers are purchasing more expensive models, including Pros and Maxes. Sievert expressed optimism,