Verizon has released their Q4 2011 financial results and they seem to have done fairly well for themselves -- 18.3 billion in gross profits, up 7.7%. Wireless revenue was up 13% with data revenue up 19.2%. (That's why carriers want iPhones on their network.)
![](http://tipb.com.feedsportal.com/c/33998/f/616881/s/1c180d60/mf.gif)
![](http://da.feedsportal.com/r/123995625768/u/49/f/616881/c/33998/s/1c180d60/a2.img)
Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/E3kpotL4Fmk/story01.htm
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