More than half of Verizon smartphone sales in Q4 were iPhones

Holiday earnings reports are being posted, and Verizon’s indicates that more than half of its smartphone sales were iPhones.
This resulted in a revenue surge for its wireless division, but because of heavy subsidies, an overall decline in profits.
(Credit:
Apple )
Verizon’s Chief Financial Officer Fran Shammo said in a report by CNNMoney the loss is OK in Verizon’s eyes, noting that Verizon’s (more…)
