Tagged #Verizon

Jan 24 AT 9:13 AM Anthony Domanico 41 Comments

Verizon posts a $2.02 Billion loss in Q4 despite record revenues; iPhone sales outpace Android

Verizon has just announced their operating results for the final quarter of 2011. Big Red saw a $2.02 Billion loss due largely to a $3.4 Billion pension revaluation charged in the quarter. The loss is down from a $2.64 Billion profit in the Q4 2010. The loss comes despite outstanding revenues generated in wireless (record-breaking) ... Read More »

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