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Thread: Verizon's Earnings and Revenue Down but Higher Growth than Expected

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    Verizon's Earnings and Revenue Down but Higher Growth than Expected


    Verizon's higher than expected growth during their Q4 report made up for their slightly weaker earnings and revenue. It would seem that the imminent release of the Verizon iPhone didn't dampen consumers' enthusiasm or need for new phones and service. Verizon added 872,000 contract customers, although analysts only expected around 646,000. Analysts expected revenue of $26.48 billion; however, it fell 2.6 percent to $26.4 billion. Verizon stock shares held steady at $35.24 before the market opened.

    Source: Yahoo! News
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    I was kinda hoping they would lose subscribers so they would offer better deals like Sprint
    Droid 4 fanboy
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    Quote Originally Posted by patfactorx View Post
    I was kinda hoping they would lose subscribers so they would offer better deals like Sprint
    I'm ok paying for the better network.
    Resistance is futile.

    On 11/16/2009 DroidNet Became Aware
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    damn, always a tradeoff...

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