Verizon (VZ) Sees 9.8M Smartphone Activations in Q4 Led by Apple (AAPL)
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Price: $49.19 -0.34%
Financial Fact:
Weighted-average shares outstanding (in millions): 4.09B
Today's EPS Names:
EDXC, BICX, FBPI, More
Financial Fact:
Weighted-average shares outstanding (in millions): 4.09B
Today's EPS Names:
EDXC, BICX, FBPI, More
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On January 8, 2013, in connection with the Consumer Electronics Show in Las Vegas, Dan Mead, President and CEO of Verizon Wireless gave an update on Verizon Wireless’s (NYSE: VZ) fourth quarter 2012 performance.
Verizon expects 2.1 million retail postpaid net additions, total smartphone activations of 9.8 million with a higher mix of Apple (Nasdaq: AAPL) smartphones, and stronger indirect channel performance in the fourth quarter of 2012. This will result in fourth quarter 2012 segment EBITDA service margin to be slightly lower than that of fourth quarter 2011.
Verizon expects 2.1 million retail postpaid net additions, total smartphone activations of 9.8 million with a higher mix of Apple (Nasdaq: AAPL) smartphones, and stronger indirect channel performance in the fourth quarter of 2012. This will result in fourth quarter 2012 segment EBITDA service margin to be slightly lower than that of fourth quarter 2011.
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