Saturday, July 21, 2012

Verizon Posts Double Digit Earnings Growth, Sells 5.9 Million Smartphones in Q2

Business is good for Verizon Wireless (VZW). Real good. For the second consecutive quarter, Big Red posted double-digit percentage growth in year-over-year earnings, which went up 12.3 percent. Verizon's Wireless division generated record-high margins, thanks in part to millions of smartphone sales. CFO Fran Shammo stated in a conference call...

Source: http://hothardware.com/News/Verizon-Posts-Double-Digit-Earnings-Growth-Sells-59-Million-Smartphones-in-Q2/

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