Though the iPhone-slagging ad campaign for its forthcoming Droid handset may make negotiations uncomfortable, Verizon is still very much interested in adding Apple’s iconic device to its smart-phone lineup. But if and when it does is entirely up to Apple, according to Verizon CEO Ivan Seidenberg.
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Verizon posted a decent third quarter this morning, besting consensus estimates. Analysts polled by Thomson Reuters had been expecting earnings of 59 cents on revenue of $27.17 billion. Excluding one-time costs, Verizon reported a profit of 60 cents a share on revenue of $27.3 billion.
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Was it Sun Tzu who said, “If 19 million Americans say they want to buy your opponent’s iPhone sight unseen, feign confidence and hope to God that they are Sprint and not Verizon subscribers?” Or is that precept found only in the “Art of War” edition annotated and self-published by Verizon CEO Ivan Seidenberg? Because [...]
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Looks like Verizon Communications Chief Executive Ivan Seidenberg’s brief turn as the emblem of America’s out-of-control CEO pay machine has ended. When AT&T CEO Edward “The-Internet-can’t-be-free” Whitacre retires later this spring, he will receive an exit package nearly eight times that of Seidenberg’s $20 million gilded parachute.
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