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You are here: Home / BlackBerry / Verizon Had A Pretty Good Q1

Verizon Had A Pretty Good Q1

April 28, 2008 by Robb Dunewood 9 Comments

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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Comments

  1. Ben P says

    April 28, 2008 at 4:33 pm

    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.

    Reply
  2. Ben P says

    April 28, 2008 at 4:34 pm

    …and by made my day… I mean w/the FUD comment….

    Reply
  3. JoAnn says

    April 28, 2008 at 5:25 pm

    Great comment. Damn them! 🙂

    Still want my GPS though….but I’m a sheeple so GoogleMaps triangulation will have to do.

    Reply
  4. Tim Broder says

    April 28, 2008 at 5:30 pm

    When the curve comes out, I’ll admit to them doing good 😉

    Reply
  5. Roger says

    April 28, 2008 at 10:48 pm

    Ben you need to get a life.

    Reply
  6. bluehorseshoe says

    April 28, 2008 at 11:26 pm

    Haven’t heard that kind of verbiage in a long time. Geez the memories…

    Reply
  7. bluehorseshoe says

    April 28, 2008 at 11:27 pm

    Oh…and VZW. We should track the next 2 quarters to see how the Curve impacts sales.

    Reply
  8. JohnnyHeff says

    April 29, 2008 at 9:47 am

    @ 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.

    Reply
  9. Annoyed with annoyed & curvee says

    May 1, 2008 at 4:23 pm

    Reply

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