25.01.2011 13:35 Uhr, Quelle: Engadget

Verizon profits nearly double, but miss Wall Street expectations

Verizon's quarterly report is in, and profits are nearly twice what they were this time last year: $4.65 billion compared to $2.37 billion a year ago. Additionally, VZW added 872,000 customers, a fair bit more than the 646,000 it was expected to gain. Great news, right? Not if you're a Wall Street analyst, who wanted to see earnings per share of 55 cents. The actual figure was 54 cents, and so down Verizon's shares go, a 1.3 percent drop so far. Nothing particularly shocking there, but this is the last quarterly report the company will have before VZW adds the

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