Verizon reports strong first quarter numbers
posted by Alan F. / Apr 28, 2009, 2:07 AM
Thanks to the strength in wireless, Verizon reported a total profit of 58 cents per share in the first quarter, a figure that includes Big Red's wireline businesses. That was an increase from the 57 cents per share reported last year. Revenue grew 11.6% year over year to $26.6 billion and cash flow soared 20% from the 2008 quarter to $6.4 million dollars. Is that Scrooge McDuck taking a flying leap into that cash pile in Verizon's vaults?
Posts: 147; Member since: Jan 04, 2009
Good job Verizon. I know the fanboys are coming... I hear the pitter patter of little feet.... LOL
posted on Oct 20, 2010, 1:43 AM 0
Posts: 158; Member since: Dec 11, 2008
please people stop with the whole fanboy thing. seriously. people cant even leave a comment anymore without getting persecuted. over the past year this site has gone from a site to DISCUSS mobile devices and the mobile industy as a whole to people just using is as a venue to broadcast their their sarcasm or lack of knowledge. Let people have their preferences. we ALL do. Just because one chooses Verizon over At&t or the iPhone over the Storm or vice versa doesnt make them a fanbboy. this site needs to return to its original state as soon as possible.
posted on Apr 28, 2009, 8:58 AM 0
16. Fanboys Suck
Posts: 609; Member since: Dec 12, 2008
I guess this means I need to get a new User Name... ? (But really, Fanboys exist, and they do suck!) But yes, Amen to VZWEMP for setting it straight: just because you have a preference, doesn't mean you are a fanboy... but being a little prick and spouting off stupid crap about how someone's carrier is God-Like and all powerful and blah blah blah... you get the picture.
posted on Apr 28, 2009, 5:43 PM 0
Posts: 25; Member since: Apr 14, 2009
Good stuff VZW. I am really excited to see how this next 2 years plays out with LTE and the rumor of a VZW iphone next year as well. If both of those happen in the next 2 years, VZW could seriously pull away from AT&T in terms of total customers. I know a lot of my friends have switched from VZW to AT&T just for the iphone and hate the service, so it will be exciting to see what people decide to do when they have options opened for them.
posted on Apr 28, 2009, 10:10 AM 0
Posts: 441; Member since: Dec 11, 2008
I'll be interested to see what the earnings are for AT&T in comparison to VZW. I think A LOT of their new customers over the last few years have been due to the iphone. Now with all these rumors swirling around, I'll be very curious to see how many people come back to VZW with an iphone on their network. Looking forward to that and the LTE build-out.
posted on Apr 28, 2009, 12:15 PM 0
Posts: 23; Member since: Apr 22, 2009
VZW has done well in the Q1 of 2009. AT&T has done well in the Q1 of 2009. Where are those Wireless industry experts now? Besides claiming we will see low ARPU but a "Major Economic Hit" to the wireless industry and how "Prepaid will impact carriers heavily. I want to hear those idiots analysis now.
posted on Apr 28, 2009, 12:54 PM 0
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