IPhone Powers and Pinches Verizon - Wall Street Journal
Bloomberg | IPhone Powers and Pinches Verizon Wall Street Journal By GREG BENSINGER Verizon Communications Inc. recorded a loss for the fourth quarter after booking a large pension-related charge and getting pinched by high subsidy costs related to Apple Inc.'s iPhone. Verizon Communications Inc. swung to a ... Verizon Posts Loss on Pension Costs as Rising IPhone Sales Boost Expenses Verizon Posts Loss on Pension Cost as IPhone Boosts Expenses Verizon posts $2B 4Q loss on pension adjustment |