Verizon just released their quarterly earnings report, and it looks like Big Red is doing pretty well for themselves. This time last year the carrier was raking in $2.37 million, a number which was nearly doubled to $4.65 million last quarter. This could have a lot to do with the 872,000 new subscribers Verizon added, a number greatly exceeding the expected addition of 646,000. Those numbers could have a lot do with the stellar Android lineup available on VZW’s network coupled with big holiday phone sales.

Still, Wall Street isn’t so pleased with the figures. 54 cents a share just didn’t live up to the 55 cents per share expected, resulting in a slight drop in price of Verizon stock. We personally think they already make enough money charging people.

Darcy LaCouvee
Darcy is the editor in chief at Android Authority. He follows the latest trends and is extremely passionate about mobile technology. With a keen eye for spotting emerging trends and reporting them, he works hard to bring you the best analysis, updates, and reports on all things Android. Darcy lives and breathes the latest mobile technology, and believes Android will be on a billion devices in the not too distant future.