John Killian

Layoffs, Palm Pre Coming to Verizon

John Paczkowski in News on July 27, 2009 at 7:31 am PT

This recession is a long way from over if Verizon’s latest earnings are anything to judge by. Reporting second-quarter earnings that were a penny better than the 62 cents per share Wall Street had been expecting, the company said it suffered a nasty 21 percent drop in profit thanks to the econalypse, which is pinching enterprise customers pretty hard these days.