It's Tuesday, July 24th.

Welcome to Market Fullry.

I'm Chris Hill and joining me in the studio today

for a million dollar portfolio, Charlie Travers,

from Motley Fool 1, Jason Moser,

and for Motley Fool Inside Value, Joe Maker.

Gentlemen, we got a big day.

We got a lot going on.

Big day.

Earnings Palusa continues.

We've got earnings from Altria, Baidu, and Under Armour.

We have three companies that failed a drug test.

We're going to start with AT&T.

Headline of the day, kudos to the people at the Associated Press,

the headline for AT&T.

AT&T Smartphone Sales Fall Boosting Profit.

That's not a typo.

AT&T said that its declining smartphone sales in the second quarter led to record profits in the wireless division as the

company saved on phone subsidies. Normally Joe Maker I don't think of falling

sales as being a good thing but yet that's certainly the case here.

Yeah well the carriers have a razor-raiser blade model so they're basically selling you a phone that they're

subsidizing so for example you buy a new iPhone, AT&T pays a lot of money

...