More on Sprint's (S) Q4: Net subscribers now total 55M, with 33M postpaid. Prepaid net additions...


More on Sprint's (S) Q4: Net subscribers now total 55M, with 33M postpaid. Prepaid net additions up 20% Y/Y to bring total prepaid subscribers to 14.8M. Sold 1.8M iPhones in Q4, 40% to new customers. Cost of iPhone sales reduced OIBDA margin by 8.8 percentage points. Shares +3.5% premarket. (PR)

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Comments (3)
  • J Mintzmyer
    , contributor
    Comments (8465) | Send Message
     
    Failing to see why the report is dropping the stock, everyone knew the subsidies would kill Sprint, and Sprint sold more than expected, so more losses...
    8 Feb 2012, 11:08 AM Reply Like
  • surfnspy
    , contributor
    Comments (406) | Send Message
     
    This one has me scratching my head as well?????
    8 Feb 2012, 11:34 AM Reply Like
  • Contrariety
    , contributor
    Comments (24) | Send Message
     
    Today has been a roller-coaster. Stock was down over 6% on what I interpreted to be a positive earnings report and now trading up to parity. Slight beat on EPS and a big beat on subscriber number (esp. if u discount Nextel customer losses). I'm Long calls and still think we could end the day in the green.
    8 Feb 2012, 12:52 PM Reply Like
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