Operating results for the final quarter of 2011  announced by Verizon. Big Red saw a $2.02 Billion loss due largely in part to a $3.4 Billion pension revaluation charged in the quarter. The loss is really very down from a $2.64 Billion profit in the Q4 2010.

The other main factor in the 4th quarter financials of  Verizon’s   is the iPhone, which Verizon and all others  who carries the device sells at a loss in an attempt to bring new plans and new device . Verizon sold over 4 million iPhone’s in the 4th quarter, comprising 52% of Verizon’s total smartphone sales for the quarter, and now the  iPhone sales are  ahead of sales of Android devices.

We all are  expecting that  Verizon will   return to profitability in the next quarter, as the pension charge was a one time charge against earnings Verizon needed to put on the books. Verizon saw a 19% increase in data sales, and a 13% increase in revenue from their wireless business, and Verizon would have had a profit of $1.38 Billion if they hadn’t incurred the pension charge.

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