Sprint Puts Big Stakes on Next iPhone: $20 Billion Orders
It looks like the potential fall of the iPhone could take Sprint with it, since the carrier gambled $20 billion on the new device, by ordering the equivalent of the cash in units of the new handset. Such a huge amount means that we could see Sprint either triumphing together with other carriers that sell the iPhone 4S or taking the fall.
The info comes from the Wall Street Journal, who claims that Sprint has ordered 30 million and more next gen iPhones, in order to fight the rivals from AT&T and Verizon. This is the third place operator in the USA, one that has 52 million subscribers, most of them prepaid. However, keep in mind that if this is truly the cheaper budget iPhone we’ve been hearing about, the customers will be happy.
If that’s not the case, turning prepaid folks into contract ones will be a tough task, involving heavy subsidies and many hot offers. Let’s hope that at least the new iPhone comes with WiMAX or maybe a surprising LTE support. I guess we’ll find that out in about 8 hours.