Sprint Sold 1.8 Million iPhones Last Quarter; Of Which 40% Were to New Customers
Sprint has just announced its financial results for the fourth quarter of 2011. Sprint reports that it sold 1.8 million iPhones in the last quarter, of which 40 percent were new customers.
for the first time in October.
a net loss of $1.3 billion, which was due to subsidy for wireless devices that increased to $1.7 billion from $1.3 billion due to the launch of the iPhone 4 and iPhone 4S. The company however viewed the iPhone launch as a success (more…)
