Dive summary:

• Verizon activated 3.1 million iPhones in the third quarter, which led to double-digit earnings growth.
• Of the 3.1 million iPhones activated in the third quarter, 21% of those activated were the iPhone 5.
• Verizon now has 4G service available to 250 million people in 419 markets.

From the article:

“We remain solidly on track to meet our financial objectives for the year,” says Lowell McAdam, Verizon chairman and CEO. “With our 4G LTE network advantage, well-received Share Everything Plans and unmatched product portfolio, Verizon Wireless continues to do an outstanding job of balancing growth and profitability. Wireless achieved record profitability in a quarter in which we reported the highest number of retail postpaid gross and net adds in four years.”