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Title: Sprint committed to $15.5B iPhone contract in 2011, expects to buy more Post by: HCK on February 28, 2012, 03:00:49 am Sprint committed to $15.5B iPhone contract in 2011, expects to buy more
Despite expecting a decline in wireless profits due to the high subsidy cost associated with carrying the iPhone, Sprint plans to exceed its $15.5 billion minimum purchase agreement with Apple and looks to make up for the profit loss with subscriber revenue. http://feeds.appleinsider.com/click.phdo?i=41776e39f2208fdc28bef3a1b63dfcf8 |