Friday, July 27, 2012

Sprint Q2 2012 Not So Rosy, iPhone Sales Hang in There at Nearly 1.5 Million

By now we've heard quarterly results from almost everyone, but Sprint is saving the best for last -- probably because they have little to shout from the rooftops about yet again.

Sprint has released its Q2 2012 financials (PDF link) and the company has again posted an insanely large loss of $1.4 billion against $7.3 billion in total sales. That looks even more grim than it sounds when you consider the company lost $847 million in the same quarter last year.

But the company is choosing to look on the bright side, boasting about its mere 1.69 percent churn rate -- a record low for the third-place carrier.



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