Sprint posts better earnings

Written by Andre Yoskowitz @ 25 Oct 2012 8:33 User comments (1)

According to Sprint's latest quarterly earnings report, earnings improved although the company did post a large loss.

The company saw a net loss of $767 million, down from $1.38 billion last quarter.

Furthermore, the carrier added 410,000 subscribers, slightly down from last quarter's 442.000 gain but still healthy.

Sprint's biggest bet in history, the iPhone, saw 1.5 million units sold during the quarter, same as last quarter. Last year, the company made a massive $15.5 billion investment with Apple for four years worth of iPhones. CEO Dan Hesse admitted that the carrier had to pay Apple a 40 percent higher subsidy than Verizon and AT&T.

Major Japanese carrier recently announced its intention to purchase Sprint for $20.1 billion.

Tags: Sprint lte iPhone Earnings Carrier

<Microsoft launches Windows 8 and Surface tablet >Amazon posts a loss due to LivingSocial stake

1 user comment

126.10.2012 09:24

jookycola

Send private message to this user

Member

I hated Sprint in the early 2000's the service was so-so, the customer service was laughable, if the bill was 5 minutes late being paid they shut you off and made you pay fees through the nose to have it turned back on and they were so rude about it. They were half assed, greedy, arrogant bastards that treated people like pieces of shit. THAT'S why they lost customers en masse in the mid 2000's.

But I couldn't deny they had the best plans available today. truly unlimited text/call/data plans for much less than anybody else. but I was really weary of ever giving them another shot. But I can honestly say I'm glad I did. they took a real beating from customers that humbled their arrogant, greedy asses and learned a lesson in humility and are actually the best service I've had in a while. with their real unlimited plans I can't understand why would anyone wanting an iphone go anywhere else.

Sprint should be doing better, but I'm kinda glad they aren't because it keeps them honest.

This message has been edited since its posting. Latest edit was made on 26 Oct 2012 @ 9:25

Comments have been disabled for this article.

	YouTube Premium starts showing ads to subscribers (13 Nov 2024 3:09) For years, YouTube Premium has been marketed as a way to enjoy an ad-free YouTube experience. But apparently, that is no longer the case, as Premium subscribers are now starting to see ads on the platform. 1 user comment
	Android 16 will launch sooner than expected (01 Nov 2024 6:45) Google announced that upcoming Android 16 will break the traditional once-a-year cycle of major Android launches. Next Android is poised to launch in Q2 of 2025, so Android 16 should ship before end of June, 2025.
	Winamp ends its "open source" project that wasn't really open source (20 Oct 2024 11:12) Less than a month after the legendary MP3 player Winamp made its source code public, the company has made a sudden U-turn and removed its code from distribution. 2 user comments
	Winamp released its source code - but didn't go open source (25 Sep 2024 12:38) The source code of Winamp has now been officially released. However, it hasn't become a pure open-source project, as its licensing terms prohibit the creation of new, different versions.
	Does your phone rattle? Here's why it happens (25 Aug 2024 8:30) When you shake your phone and hear a light rattle, clatter, or jingle, it's likely not broken. The culprit is probably the optical image stabilization (OIS) system in your phone's camera, meaning everything is functioning as it should. 2 user comments

	What IP rating for dust and water resistance means An IP classification (such as IP68) is given to mobile phones, Bluetooth speakers, and other devices, but what do these classifications mean? 1 user comment
	Does your phone rattle? Here's why it happens When you shake your phone and hear a light rattle, clatter, or jingle, it's likely not broken. The culprit is probably the optical image stabilization (OIS) system in your phone's camera, meaning everything is functioning as it should. 2 user comments
	Guide: Phone battery drains quickly - how to fix (iPhone / Android) In this guide, we go through the most typical reasons for rapid battery drain with phones, and look at potential reasons or solutions.
	GUIDE: Wi-Fi speeds are slow? Here are some tips Having problems with Wi-Fi speed and stability at home? Here are some tips to follow to alleviate the issues. 1 user comment
	What happens if you don't update Android? Sometimes it can be tempting to avoid updating to a new Android version. What happens if you decide to delay major updates to the OS?

Sprint posts better earnings

1 user comment

Latest news

Reviews

Guides

News archive

Subscribe

Sections:

Follow us:

	Roborock S8 MaxV Ultra review - obstacle avoidance doesn't work as it should, otherwise almost perfect robot vacuum We put the Roborock S8 MaxV Ultra through a very, very long review process. The $1800 mopping robot vacuum is almost perfect, but its obstacle avoidance was surprisingly bad, considering the price - and compared to its competitors.
	Sharge x OnePlus Pouch review: Beautiful power bank that supports SuperVOOC charging In our review, we take a look at Sharge's power bank that supports OnePlus SuperVOOC quick charging technology as well as standard USB PD charging. It has small design flaws, but despite those, the Pouch is very nice product. 1 user comment
	Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets Roomba Combo j7+ is the very first Roomba model to combine robot vacuum with mopping features. And Roomba Combo j7+ does all that with a very clever trick, which tackles the problem with mopping and carpets. But is it any good? We found out.