Архив метки: Sprint Nextel

Sprint Sold 1.8 Million iPhones Last Quarter, 40 Percent To New Customers

sprint

Sprint Nextel this morning released its earnings for the fourth quarter of 2011 as well as the full-year results.

The company reported a net loss of $1.3 billion for the quarter, and $2.9 billion for the whole of 2011.

The company reported total net subscriber additions of 1.6 million during the quarter, the best quarterly result in six years and bringing total subscribers to the highest level in Sprint’s history.

Now serving roughly 55 million customers, the company said it is seeing “strong iPhone sales”, selling 1.8 million of the popular smartphone in Q4, of which 40 percent was to new customers.

However, the iPhone launch also had a negative impact on its balance sheet, due to increased equipment net subsidies and sales expenses, the company said.

From the press release:

Strong revenue growth and cost management partially offset the impact of increased equipment net subsidies and sales expense associated with the successful launch of the iPhone. Forty percent of Sprint’s 1.8 million iPhone sales in the fourth quarter were to new customers.

Based on internal estimates, including incremental costs associated with iPhone sales, the combined impact of iPhone and Network Vision costs reduced fourth quarter Adjusted OIBDA margin, which was 10.8 percent, by approximately 8.8 percentage points.

Based on internal estimates, Sprint Nextel says the combined impact of iPhone and Network Vision costs reduced fourth quarter Adjusted OIBDA of $842 million by approximately $684 million.

In case you were wondering: OIBDA is operating income (or loss) before depreciation and amortization. Adjusted OIBDA excludes severance, exit costs, and other special items.


Sprint Sold 1.8 Million iPhones Last Quarter, 40 Percent To New Customers

Sprint CEO: iPhone Data Efficiency Is The Key To Continued Unlimited Data

sprintiphone

No one is more excited about the iPhone’s availability at Sprint than CEO Dan Hesse. And it’s no surprise either, seeing that the carrier is investing at least $15.5 billion over the next four years just to offer the device to customers. That said, Hesse has been tooting the iPhone horn as much as possible, taking special note of its efficient use of data. He even went so far as to say that the iPhone’s data handling may quite possibly keep Sprint’s unlimited data plans alive longer than expected.

According to Hesse, the iPhone is better at picking up WiFi signals than Android devices, making it easier for users to jump off their 3G connection onto a network. This is, of course, great news to any network as it unloads a good deal of traffic. In the same vein, Hesse said that Apple’s iPhone app requirements result in less data traffic from apps, as they tend to employ the network less than other platforms’ apps.

“One of the beauties of carrying the iPhone is it extends the period of time and increases the likelihood of us maintaining unlimited data longer because it uses our network so efficiently,” said Hesse in an interview with Forbes. However, if smartphone adoption continues to grow (especially at the rate it’s growing now), unlimited data will cease to be a feasible option for any carrier.


Company:
Sprint Nextel
Website:
Launch Date:
October 28, 1999
IPO:

NYSE:S

Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users.

Sprint Nextel is widely recognized for developing, engineering and deploying innovative technologies, including two wireless networks serving almost 49 million customers at the end of the second quarter of 2009; industry-leading mobile data services; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone.

Learn more


Sprint CEO: iPhone Data Efficiency Is The Key To Continued Unlimited Data

Sprint Cuts Quarterly Losses, Bets On iPhone For Subscriber Uptick

sprint

Sprint Nextel, the no. 3 carrier in the United States, reported its quarterly earnings today, and they’re quite solid. In Q3 2011, the company generated consolidated net operating revenues of $8.3 billion, up from $8.15 billion in the same period last year and relatively flat compared to Q2 2011.

The company booked a quarterly loss of $301 million (or 10 cents per share), roughly a third the loss it reported in the same quarter a year ago ($911 million).

For the quarter, Sprint added nearly 1.3 million net wireless customers but notably lost roughly 44,000 net postpaid subscribers, more than analysts had expected.

The company in a statement posits that the decline of subscribers under contract is “likely due to customer expectations of a fourth quarter iPhone launch”.

Sprint Nextel also said that the response to the introduction of the iPhone 4 and iPhone 4S, which launched October 14, surpassed its initial expectations both with current and new customers.

From the quarterly earnings report (emphasis ours):

Growth in Sprint brand net additions was achieved without the benefit of Apple’s iPhone 4S and iPhone 4, which launched Oct. 14. The launch of this iconic device resulted in Sprint’s best ever day of sales in retail, web and telesales for a device family in Sprint history.

The response to this device by current and new customers has surpassed initial expectations. The iPhone is expected to be accretive for Sprint, and iPhone users are expected to be among Sprint’s most profitable customers.

All eyes on Sprint’s next quarterly earnings report.


Company:
Sprint Nextel
Website:
Launch Date:
October 26, 1999
IPO:

NYSE:S

Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users.

Sprint Nextel is widely recognized for developing, engineering and deploying innovative technologies, including two wireless networks serving almost 49 million customers at the end of the second quarter of 2009; industry-leading mobile data services; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone.

Learn more


Sprint Cuts Quarterly Losses, Bets On iPhone For Subscriber Uptick

HTC Unveils First World Phone In The EVO Family: The EVO Design 4G

HTC EVO Design 4G

HTC has just added another phone to its line of EVO handsets, the HTC EVO Design 4G. While it can’t necessarily match the specs of its EVO 3D cousin, the EVO Design 4G does have a trick up it’s sleeve — compatibility with CDMA, HSPA and GSM networks, making it the first global phone in the EVO family.

Along with global network support, the EVO Design 4G also sports a 4-inch WVGA 960×540 touchscreen, which is just a tad smaller than the EVO 4G and EVO 3D. The phone runs Android 2.3 Gingerbread powered by a Qualcomm 1.2GHz processor, though we won’t be seeing the same dual-core snappiness we did on the 3D.

HTC’s Sense 3.0 UI is also alive and well on the new handset, along with a 5-megapixel rear shooter and 1.3-megapixel front-facing camera for video chat.

Sprint is offering the EVO Design 4G for $99 on-contract after a $50 mail-in rebate. Availability begins October 23.




Company:
HTC
Website:
htc.com
Launch Date:
October 19, 1997

HTC Corp, (TAIEX: 2498) produces smartphones running the Android and Windows Phone 7 operating systems for themselves and as an OEM to other manufacturers. Since launching its own brand in late 2006, the company has introduced dozens of HTC-branded products around the world. The company recently introduced the HTC diamond to compete with Apple’s iPhone.

Founded in 1997 by Cher Wang, Chairwoman, and Peter Chou, President and CEO, HTC made its name as the company behind many of the…

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Company:
Sprint Nextel
Website:
Launch Date:
October 19, 1999
IPO:

NYSE:S

Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users.

Sprint Nextel is widely recognized for developing, engineering and deploying innovative technologies, including two wireless networks serving almost 49 million customers at the end of the second quarter of 2009; industry-leading mobile data services; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone.

Learn more


HTC Unveils First World Phone In The EVO Family: The EVO Design 4G