You know for a wireless company whose network technology largely unused outside of the U.S. with a subscriber base comprised only of sheep, zealots and peons suffering from FUD generated by the anti-consumer machine who have been fooled into believing that their network is superior to everyone else’s (inside joke), Verizon had a pretty good quarter.
Verizon reported net income today of $1.64 billion, 57 cents a share for Q1 08 compared to Q1 07’s $1.5 billion, 51 cents a share. Total revenue is up 5.5% coming in at $23.83 billion. Even though new-subscriber growth was lower by 12%, 1.3 million of the 1.5 million new Verizon subscribers signed up to long term contracts which was almost twice that of AT&T and that includes AT&T iPhone subscribers.
At the end of the day, I doubt most mobile phone users care or possibly even know what network technology their phone uses. A lot, however, can be said for the strength, perceived or actual, of your network.
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{ 9 comments… read them below or add one }
Robb you made my day with that.
I, for one, do care how my network is doing financially and am happy to see it is doing well.
…and by made my day… I mean w/the FUD comment….
Great comment. Damn them!
Still want my GPS though….but I’m a sheeple so GoogleMaps triangulation will have to do.
When the curve comes out, I’ll admit to them doing good
Ben you need to get a life.
Haven’t heard that kind of verbiage in a long time. Geez the memories…
Oh…and VZW. We should track the next 2 quarters to see how the Curve impacts sales.
@ Robb
…are these verizon’s numbers or VZW’s numbers. i should probably look myself, but don’t feel like pulling up the filings.
either way, its good to know that us sheep can count for something. i guess there are more of us than most would like to admit.