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Mashable : Sprint Reports Strong iPhone Sales in Q4 2011

Mashable : Sprint‘s Q4 2011 earnings report is out, and the results aren’t stellar, but strong iPhone sales are among the highlights.

The company reported a $1.3 billion net loss on a $8.72 billion revenue, with much of the losses attributed to iPhone subsidizing costs.

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Community4007d ago
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C_Menz4006d ago

It's insane that phone companies need to subsidize Iphones and that if Sprint sold more iphones then they would have lost more money!!! I remember reading that it only costs Apple around $120 to make an iphone 4(i think that was the number).

And without a contract they cost $500+ , so Apple must be charging an arm and a leg for iphones which hurts not only the consumer but the companies buying and selling Apple phones.