Verizon Valued A Bit Too Richly For Smartphone Success
- Friday, May 27, 2011, 21:27
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Verizon’s recent earnings pointed to strength in smartphone conversions. Apple’s iPhone has added additional buzz. Nevertheless, our stock price estimate of $34.48 still stands below market price. Below we take a quick look at Verizon’s value, specifically highlighting the smartphone numbers.
http://blogs.forbes.com/greatspeculations/2011/05/27/verizon-valued-a-bit-too-richly-for-smartphone-success/