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.
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.