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Wall Street is trying to figure out how many iPhone's Verizon (VZ) will sell this year. The numbers range from 9 million to 15 million. Whatever the number, Apple (AAPL) will certainly have another strong year.Continue reading Google to Take a Hit from Verizon's iPhone?
The stock of Telecom giant AT&T Corp (T), first discussed here on February 11, 2009, at a price of $26, has accelerated out of a bottom, following a good second quarter in which the company reported earnings of 61 cents per share, well above the First Call estimate of 57 cents.
Further, AT&T is well-positioned to remain a force in the Internet/communications revolution in the years ahead. Look for T's revenue to grow about 2-3% in 2010, led by an impressive increase in cell phone customers (which numbered about 90 million as of July 2010), and wireless data service customers.
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