This morning Verizon reported a fourth quarter loss of $2.02 billion, or 71 cents per share and even though it doubled iPhone sales over the holiday season to 4.2 million, the loss had a lot to do with those very sales. This year's numbers compare to a $2.64 billion, or 93 cents per share, profit during the same quarter last year. And at this time last year Verizon didn't have the iPhone at all …
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How Verizon Is Losing Money on the iPhone
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