• Verizon posted Q4 revenue of $24.6 billion and profits of 61 cents a share, right in line with Wall St. predictions of $24.7 billion and 61 cents. Stock was down on the news as investors still bearish on the economy, increasing mobile competition for 2009, faulty RIM products and major infrastructure expenses about to be shelled out to build the new wireless spectrum.
  • Stats: The company added 1.4 million net new wireless customers in the quarter, increasing the total to 72.1 million. That was up 9.9%, and does not include Alltel customers from the acquisition, which closed January 9.
  • 303,000 new FiOS TV customers and 282,000 new FiOS Internet customers.
  • Revenue was up 3.4% from a year ago, or 4.6% on an adjusted, non-GAAP basis.
  • At least we’re getting a good idea of who to invest in the next time the economy crashes: Verizon, Google, Apple, very impressive earnings reports.