Thursday, October 31, 2013

Sprint Reports 1.4 Million iPhone Sales in 3Q13, 40% to New Customers

Sprint has reported its earnings for the third quarter of 2013. The company sold nearly 5 million smartphones including 1.4 million iPhones in the quarter. Quarterly net income was $383 million, operating loss was $398 million, and Adjusted EBITDA* was $1.34 billion.

“During the third quarter Sprint platform postpaid service revenue and ARPU once again hit record levels and we continue to make great strides in our 4G LTE rollout,” said Dan Hesse, Sprint CEO. “We expect our network investments will bring customers greater speeds and capacity and, when combined with our unique unlimited for life offers, will improve our competitive positioning.”

More at iHash.eu

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