Apple and Verizon: Apple and Verizon, Working Well Together

“The nation’s largest carrier saw $30 billion in revenues for the fourth quarter of 2012, up 5.7 percent over the prior year. Of that, about $20 billion was wireless revenue. For the whole of 2012, Verizon saw $115.85 billion in revenue, up 4.5 percent year-over-year.”

“The carrier saw its total wireless subscriber base grow by five million customers over 2012, the highest growth Verizon has seen in four years. Retail postpaid connections were up 5.9 percent year-over-year.”

While Verizon is sure to be happy with an increase in its total wireless subscribers, they have Apple Inc. (NASDAQ:AAPL) to thank. iPhone sales are on the rise.

What are your thoughts on this sales breakdown from Apple and Verizon? Are you surprised by the numbers?

Check back here for more updates on Apple and Verizon.

DISCLOSURE: I have no positions in any stock mentioned.

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