Sprint's (S -1.1%) CEO doesn't quite confirm the iPhone (AAPL +1.4%) rumors, but says at a...

|By:, SA News Editor

Sprint's (S -1.1%) CEO doesn't quite confirm the iPhone (AAPL +1.4%) rumors, but says at a conference that the carrier is preparing for an influx of demand should it get a new smartphone. All the internal excitement at Sprint didn't quite prevent UBS from cutting EPS estimates and maintaining a Neutral rating on shares.