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Posted

Sprint reports 'highest-ever' revenue of $7.2 billion for Q2 2013, still loses $874 million

 

sprint-results-2013-07-30-01.jpg

 

Sprint has just announced its second quarter 2013 financial results, and while it's pay as you go plans are paying off in income, it still took a huge loss. The company posted $7.2 billion in earnings, its "highest ever" total, while also managing to lose $874 million for the quarter. It's chalking that up to a huge depreciation charge of $430 million and another non-cash hit of $623 million due to the Nextel platform shutdown.

 

 

http://www.engadget.com/2013/07/30/sprint-reports-highest-ever-revenue-of-7-2-billion-q2-2013/

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Posted

With how much I have to pay each month, *sighs* don't know what I expect honestly. :/

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Posted

Surprised it took them that long to shut down their old network - hopefully with their 700Mhz deployment for LTE it should translate into better coverage assuming that they get the cash from Softbank to speed up the process.

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Posted

I think Sprint will be fine in the long term. What they are offering is gonna keep winning customers over, in time.

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