SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
                         PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                        Date of Report: January 20, 2005


                                   AT&T CORP.
               (Exact Name of Registrant as Specified in Charter)

                                    New York

                 (State or Other Jurisdiction of Incorporation)

                1-1105                              13-4924710
       (Commission File Number)         (IRS Employer Identification No.)


                 One AT&T Way
             Bedminster, New Jersey                      07921
        (Address of Principal Executive                (Zip Code)
         Offices)


       Registrant's telephone number, including area code: (908) 221-2000

                                 Not Applicable

          (Former Name or Former Address, If Changed Since Last Report)


Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions (See General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ]  Soliciting  material  pursuant to Rule 14a-12  under  Exchange  Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))


SECTION 2.  FINANCIAL INFORMATION

Item 2.02.  Results of Operations and Financial Condition

On January 20, 2005,  AT&T Corp.  issued a press release  announcing  its fourth
quarter and 2004 annual financial  results. A copy of the press release is being
furnished as Exhibit 99.1 to this Form 8-K. Such information shall not be deemed
"filed" for purposes of Section 18 of the  Securities  Act of 1934, nor shall it
be deemed  incorporated  by reference in any filing under the  Securities Act of
1933,  except as shall be  expressly  set forth by  specific  reference  in such
filing.

SECTION 9.  FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01.  Financial Statements and Exhibits

(c)  Exhibits.

The following exhibit is being furnished herewith:

     99.1  Press Release of  AT&T Corp. dated  January 20, 2005  announcing AT&T
           Corp.'s  financial results for  the fourth quarter and the year ended
           December 31, 2004.




                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                  AT&T CORP.




                                  /s/  Robert S. Feit
                                  ----------------------------------
                                  By:  Robert S. Feit
                                       Vice President - Law and Secretary


January 21, 2005


                                  EXHIBIT INDEX

Exhibit No.     Description

99.1            Press  release of AT&T Corp. dated  January 20, 2005  announcing
                AT&T Corp.'s  financial results for the  fourth quarter and  the
                year ended December 31, 2004.