Sprint (S -3.3%) says it will subsidize iPhone prices by $200 more per device than other...

|About: Sprint Corporation (S)|By:, SA News Editor

Sprint (S -3.3%) says it will subsidize iPhone prices by $200 more per device than other smartphones. The comment helps explain why Apple (AAPL) commands an outsized share of smartphone profits: Android (GOOG) buyers choose between multiple vendors, which gives carriers some pricing leverage over each one. But there's only one iPhone maker. (earlier)