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Title: Verizon reports $2B loss amid pension costs, iPhone subsidy Post by: HCK on January 24, 2012, 11:00:46 pm Verizon reports $2B loss amid pension costs, iPhone subsidy
Verizon reported a $2.02 billion fourth-quarter loss, mostly due to one-time charges of $3.4 billion for severance, pension and benefits, as well as increased subsidy costs for iPhone sales. http://rss.macworld.com/click.phdo?i=61ac7c4f39fc03bc0c18ec39500b1b48 |