Wireless Providers Underperform as Costs to Carry iPhone Drain Profits (AAPL) (VZ) (T) Feb 10, 2012 01:10PM

Traders may want to take note of an emerging counter-trend in the wireless sector: following the initial wave of euphoria as the iPhone became more and more popular -- meaning burgeoning new or renewed contracts at service providers -- Apple's (Nasdaq: AAPL) clout may now be getting ahead of itself.

Verizon (NYSE: VZ) and AT&T (NYSE: T) are great examples. While the stocks have become solid dividend plays (yielding 5.3 percent and 5.9 percent, respectively), shares have underperformed the broader stock market ...



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