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

Discussion in 'Android News' started by dgstorm, Jan 25, 2011.

  1. dgstorm
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    dgstorm Editor in Chief Staff Member Premium Member

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    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
  2. patfactorx
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    patfactorx New Member

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    I was kinda hoping they would lose subscribers so they would offer better deals like Sprint
  3. New2u
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    New2u Super Moderator

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    I'm ok paying for the better network.
  4. jbdow
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    jbdow New Member

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    damn, always a tradeoff...:)