Verizon Q3 Earnings Eyed As iPhone 6 Indicator

By | October 20, 2014

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Verizon Communications’ (VZ) Q3 earnings, out before the open Tuesday, are expected to rise 17% to 90 cents, with revenue rising 4% to $31.58 billion, as analysts eye mobile phone-only net subscriber additions in the wake of Apple’s late-September rollout of the iPhone 6. The devices, which went on sale on Sept. 19, will likely affect the Q4 results of Verizon, AT&T (T), Sprint (S) and T-Mobile US (TMUS) more so than Q3. Apple (AAPL) itself is set Scalper1 News

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