Verizon reported Q3 results this morning. The company said it had revenues of $26.5 billion, down 3% vs the same quarter a year ago. Here are the wireless results:

• 997,000 total net customer additions: 584,000 retail postpaid net customer additions . . . 
• 93.2 million total customers
• 6% increase in total revenues from 3Q 2009

The company said that smartphones (read: Android) were driving wireless growth. Verizon said that 60% of smartphone contracts during the quarter were upgrades who were new to the category. The company also said that 23% of its post-paid subscribers now have smartphones. 

AT&T earlier this week said that it activated 5.2 million iPhones in the quarter and added 745,000 contract customers -- more than Verizon -- against 2.6 million new wireless subscribers overall. Accordingly AT&T still seems to be benefiting from the iPhone.

Once Verizon gets the iPhone later this year or early next year it will be interesting to see the impact is on Verizon's new subscriber acquisitions and the corresponding sales impact on Android phones. 

Verizon will also be selling both the iPad and the Galaxy Tab. However the Galaxy Tab is being (mistakenly) priced at $599. That might have worked if there were a contract version priced at $399. However at the higher price point I suspect the Samsung device won't sell as well as it might have or as well as the iPad will at Verizon.