Verizon Communications saw its third-quarter profits dropping to $2.89 billion or 41 cents per share from $3.2 billion or 59 cents a share within the same quarter last year, while that the revenue came in better than forecasts climbing up by 10.2 percent to $27.27 billion from $24.75 in the previous year.For more details check :http://ecpulse.com/en/clusters/2009/10/26/verizon-profits-drop/