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Sprint Announces Q4 2012 Earnings – Sells a Best Ever 2.2 Million iPhones

Posted in iPhone, News on 07/02/2013 by Chris Hauk

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Sprint announced its fourth quarter 2012 earnings on Thursday, reporting that it sold a company best-ever 2.2 million iPhones, selling a total of 6.6 million for the year 2012.

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AppleInsider:

Of the 2.2 million iPhones sold in the December quarter, 38 percent of those were to new customers. And 40 percent of the 6.6 million iPhones sold in all of 2012 were to customers new to the carrier.

Sprint sold a total of almost 20 million smartphones in 2012. 89% of postpaid handset sales in the fourth quarter were smartphones.

Sprint reported a net loss of $1.3 billion for the quarter, attributing part of that loss to subsidies associated with the iPhone, which Sprint chief executive Dan Hesse says is one of the company’s “key investments.”

Sprint’s 4G LTE network, compatible with the iPhone 5 and the latest models of iPads, is available in 58 cities. The carrier plans to expand to nearly 170 more in the coming months, and construction has started in 450 cities.



Chris Hauk

Author

Chris Hauk

MacTrast Senior Editor, and self-described "magnificent bastard," Chris Hauk owns Phoenix Rising Services and writes for everyone's favorite "bad movie" website, Big Bad Drive-In.

His first Apple product was an iPod Classic 5 years ago, and he has since added a MacBook Pro, iPad, iPhone, and 2 Apple TVs to his collection.

He lives somewhere in the deep Southern part of America. Yes, he has to pump in both sunshine, and the Internet.

Don't forget to check out Chris' two latest endeavors, as the "Apple Expert" at Answers.com, and his own personal tech blog at chrishauk.com