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Sprint loss widens on iPhone costs
(Reuters) - Sprint Nextel posted a wider quarterly loss because of the higher costs of selling Apple Inc's iPhone and the popular device delivered a smaller-than-expected boost to subscriber numbers, sending the company's shares down 2 percent. While the company's loss was not as big as Wall Street feared, Sprint's quarterly results and financial targets did little to calm investor nerves about ...
news.yahoo.com
Sprint posts deeper 4Q loss on iPhone costs
Sprint dug deep into its pockets in the latest quarter to put iPhones in the hands of its customers. The perennially money-losing company on Wednesday posted its largest loss in three years.
news.yahoo.com
iPhone Subsidy Ups Sprint's Loss
Sprint Nextel reported adjusted loss per share of 35 cents bettered the Zacks Consensus Estimate.
finance.yahoo.com
Sprint sells 1.8 million iPhones but posts huge loss
With the iPhone, Sprint is learning that it should be careful what it wishes for.
money.cnn.com
Despite Tough Q4, Sprint CEO Upbeat On All Things iPhone
Sprint shares fell this morning after the carrier announced a larger fourth-quarter loss and a smaller number of subscriber additions than analysts anticipated. Though both points were linked to Sprint?s commitment to carrying Apple?s iPhone -- and related growth assumptions -- Sprint CEO Dan Hesse called early indications from the company?s first quarter of iPhone sales ?really positive.?
www.forbes.com
Sprint Reports Strong iPhone Sales in Q4 2011
Sprint's Q4 2011 earnings report is out, and the results aren't stellar, but strong iPhone sales are among the highlights.
news.yahoo.com
Sprint sells 1.8 million iPhones but posts big loss
With the iPhone, Sprint is learning that it should be careful what it wishes for.
money.cnn.com
Sprint Loss Is Smaller Than Estimated as IPhone Boosts Sales
Sprint Nextel Corp., the third- largest U.S. wireless carrier, posted a narrower loss than analysts projected after Apple Inc.’s iPhone boosted sales.
www.businessweek.com
Sprint sells 1.8 million iPhones, many to new customers
Sprint may have reported a loss Tuesday as part of its latest earnings report, but the company is optimistic after its first quarter selling the iPhone. The company paid heavily to sell the iPhone, but sold 1.8 million of the devices in the past quarter, and 40 percent of those sales were to new customers. Overall, Sprint added 1.6 million customers in the past three months. Sprint reported that ...
www.washingtonpost.com
Sprint Loss Widens After IPhone Demand Boosts Subsidy Costs
Sprint Nextel Corp., the third- largest U.S. wireless carrier, reported a wider fourth-quarter loss after demand for Apple Inc.’s iPhone boosted costs to subsidize the device. The stock fell.
www.businessweek.com
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