Verizon prepares to announce its results for the three months ended September, on Friday before the bell. Analysts have estimated that the company earn $0.54 per share on revenue of $26.34 billion.
Verizon has been in a good position lately as investors expect that the company will receive the top selling iPhone in the first quarter of 2011. The wireless provider also receives the iPad in its stores on October 28th, and hopes to drive sales further, benefiting both itself and Apple.
Verizon Communications closed at $32.52 today, and currently yields a 6% dividend.
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