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Author Topic: Verizon reports $2B loss amid pension costs, iPhone subsidy  (Read 544 times)
HCK
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« 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
         
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