22.01.2015 - Verizon Communications has received more than $ 2 billion loss
American Verizon Communications reported a significant loss in the 4th quarter of last year against the background of pension expenditures. Despite this, the tablets were the growth driver for the company's performance. Sales growth was also due to aggressive advertising campaign and increased purchases before the Christmas holidays. In general, the loss of the company totaled 2.23 billion dollars, or 54 cents per share, compared with a profit of 5.07 billion, or $ 1.76 per share for the same period of the last year. Given the deteriorating financial performance and strong competition in the market, we expect a drop in prices by 12-15% this year.