AT&T sees almost 1M fewer upgrades during iPhone 8 launch quarter ahead of iPhone X release

AT&T recently revealed some of its Q3 data, and the carrier says it saw 900,000 fewer smartphone upgrades compared to the year ago quarter. A recent Bloomberg piece suggests that the AT&T drop in year-over-year smartphone sales could be a sign that the iPhone 8 isn’t doing so hot.
If the iPhone 8 had been a hit out of the gate, then I would have expected AT&T’s upgrade number might at least have fallen less dramatically.
It does mention that AT&T’