Verizon, a cell phone company, has reported on Friday that both their profit and customer growth had slowed. There is buzz about this since the company's profit had dropped 25 percent. To me that sounds like a lot of money but still they manage to hold onto their title of the "nations largest wireless carrier."

Personally, I feel the reason this is happening is because Verizon wireless claimed that they were too coming out with an iPhone for quite some time now, and nothing has happened. I just think that the iPhone phenomenon isn't something that is going to go away. More and more people are buying and using iPhones now. I feel that Verizon wireless is a reliable service and that the phones are nice but not until they come out with the iPhone will they receive the amount of customers they'd like.

On the other hand, Verizon is doing very well in their smartphone products. Those have been selling and can do most of what an iPhone can. These phones come from the Droid franchise that is Google based. These phones have became much more popular in only a year.

WORTHAM, JENNA. "Verizon's Profit Drops 25% in Quarter as Growth Slows - NYTimes.com." The New York Times - Breaking News, World News & Multimedia. N.p., n.d. Web. 23 Oct. 2010. .