Mediamyxx:Can you hear me Now?

Despite getting the I-phone Verizon took a 2 billion dollar loss last quarter to roll the envied phone out. Apple sells the phone at retail price of 600 dollars and turns around and sells it for 200 dollars. Verizon expects the risk to pay off in the long run as customers stay loyal and pay higher bills to have the coveted phone revenue should jump. Do you think this was a smart investment for Verizon and will pay off in the long run? Read the rest of the story here:

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