The iPhone causes Sprint to take Big Losses

by Christian Hollingsworth on February 9, 2012

in News, Technology

While every major cell phone company wants to be able to sell the iPhone due to its amazing popularity, it may not always be the best option for some companies.

Sprint, which recently started selling the iPhone on its network, reported its largest quarterly loss in three years last quarter.

This is attributed by many to be because of the subsidizing of the cost of the phone to new customers.

That is, of course, in addition to the $15.5 Billion dollar commitment to Apple to buy phones over the next four years.

The news is not all bad for sprint though, they signed up 161,000 new customers which they hope will help them return to profitability in the coming years.

Read more about the situation here.

List Of 12 Greenest Cars of 2012 Released

The top 12 “green cars” of 2012 has been released by the American Council for and Energy Efficient Economy.

Most of these cars are relying not only on their small size but also the rapidly advancing technological improvements of both the batteries and many other advancements.

Whether they are hybrids, pure electric cars or even running on natural gas – these 12 cars promise to give great insight into the future of green transportation.

One surprise is that the Chevy Volt is not anywhere on the list despite its popularity and virtually zero emissions.

More information, including the full list, can be found here.

 The iPhone causes Sprint to take Big LossesAbout the Author, Christian Hollingsworth

Blogger, entrepreneur, digital marketing consultant and recording artist. I make money online and teach others how to do the same.

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