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The iPhone Will Be A Driver For Verizon

Carrying Apple's iPhone will make all the difference for Verizon , Cramer said Thursday.

Before getting the popular device, three-quarters of its net subscriber additions were for smartphones. Being as it now carries the hottest product on earth, Cramer thinks the number will skyrocket. It will be a profitable venture, too, as a smartphone generates an average of $90 a month in revenue, whereas a regular prepaid phone only generates $35 a month.

Cramer thinks the iPhone will help bolster Verizon, but to what degree? For answers, he chatted with CFO Francis Shammo. Check out the full interview by watching the video.

Call Cramer: 1-800-743-CNBC

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