Sprint iPhone sales hold steady at 1.5 million
While competitors AT&T and Verizon saw their total iPhone sales decline sequentially, Sprint announced on Thursday that it sold 1.5 million iPhones last quarter, matching the number sold in the previous frame.
Sprint also revealed that the iPhone has played a major part in bringing new customers to the carrier, as 40 percent of iPhone sales in the June quarter were to new postpaid customers. In comparison, last quarter Sprint sold 1.5 million iPhones and 44 percent of those were to new customers.
While Sprint's iPhone sales held steady quarter to quarter, AT&T saw iPhone sales fell to 3.7 million, down from 5.5 million in the March quarter, while Verizon's 2.7 million iPhone sales in the June quarter was a decrease from the 3.2 million activated at the start of the year.
Sprint ended the most recent quarter with more than 56 million subscribers. The carrier is the third-largest in the U.S., behind Verizon and Sprint, and along with T-Mobile is considered one of the "big four" domestic wireless providers.
Sprint saw its wireless equipment net subsidy in the second quarter grow to $1.5 billion, up from $1.1 billion a year ago. That increase was attributed primarily to Apple's iPhone, which has a higher subsidy rate per handset compared to other smartphones.
iPhone subsidies also accounted for an increase in sales expenses year over year, contributing to an operating loss of $629 million. But the carrier's postpaid net additions of 442,000 represented an increase of 68 percent sequentially, thanks to continued strong iPhone sales.
Sprint reported a total net loss of $1.4 billion and a diluted net loss of 46 cents per share in the second quarter of 2012. That compares to a net loss of $847 million and diluted net loss of 28 cents per share in the second quarter of 2011.
Sprint also revealed that the iPhone has played a major part in bringing new customers to the carrier, as 40 percent of iPhone sales in the June quarter were to new postpaid customers. In comparison, last quarter Sprint sold 1.5 million iPhones and 44 percent of those were to new customers.
While Sprint's iPhone sales held steady quarter to quarter, AT&T saw iPhone sales fell to 3.7 million, down from 5.5 million in the March quarter, while Verizon's 2.7 million iPhone sales in the June quarter was a decrease from the 3.2 million activated at the start of the year.
Sprint ended the most recent quarter with more than 56 million subscribers. The carrier is the third-largest in the U.S., behind Verizon and Sprint, and along with T-Mobile is considered one of the "big four" domestic wireless providers.
Sprint saw its wireless equipment net subsidy in the second quarter grow to $1.5 billion, up from $1.1 billion a year ago. That increase was attributed primarily to Apple's iPhone, which has a higher subsidy rate per handset compared to other smartphones.
iPhone subsidies also accounted for an increase in sales expenses year over year, contributing to an operating loss of $629 million. But the carrier's postpaid net additions of 442,000 represented an increase of 68 percent sequentially, thanks to continued strong iPhone sales.
Sprint reported a total net loss of $1.4 billion and a diluted net loss of 46 cents per share in the second quarter of 2012. That compares to a net loss of $847 million and diluted net loss of 28 cents per share in the second quarter of 2011.
Comments
Too bad that doesn't equal to serious work on their 3G network.
I hate Sprint. We had it for years and never had even 2G. And no one really needs more than 4-8 GB of data.
Quote:
Originally Posted by logandigges
I hate Sprint. We had it for years and never had even 2G. And no one really needs more than 4-8 GB of data.
and no one needs a phone bigger than 3.5". Apple told us so
Maybe Sprint could sell more iPhones if they advertised them on their landing page. Instead they're touting a 'free' Android phone.
I bet Sprint's CEO Hess will be ousted within 6 months..
Quote:
Originally Posted by markbyrn
Maybe Sprint could sell more iPhones if they advertised them on their landing page. Instead they're touting a 'free' Android phone.
exactly, one would think... so are the android makers 'paying' Sprint more than they think they could make by selling an iphone. Some accountant some where is busy....
Replacing Marissa Mayer?
Prove it.
Quote:
Originally Posted by PhilBoogie
Replacing Marissa Mayer?
RIght. Yahoo will fire a CEO who has just given birth. That's going to happen.
Not that it will happen but are plenty of cases where a new exec was brought in and then taken out very quickly.
Considering they're customers are lower income I expect iPhone sales to explode when the 4 is available for free and they'll be able to sell 3 iPhones on their network. Ditto Verizon
Originally Posted by Hoss
Sprint will be called the inetwork in six months. Suck on that, AT&T and Verizon.
Apple won't be buying or creating their own telecom.
Quote:
Originally Posted by SolipsismX
Prove it.
Watch the unveiling of the iphone. Steve said it himself.
How is that relevant?
Then it shouldn't be too hard for you to link to the video with a timestamp or link to and quote that part of the transcript that states "no one needs a phone bigger than 3.5"."
Quote:
Originally Posted by Harbinger
RIght. Yahoo will fire a CEO who has just given birth. That's going to happen.
How is that relevant?