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#1 +V-Tech

V-Tech

    Neowinian Senior

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Posted 30 July 2013 - 05:24

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....illion-q2-2013/




#2 Grinch

Grinch

    Developer

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Posted 30 July 2013 - 05:52

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



#3 Mr Nom Nom's

Mr Nom Nom's

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Posted 30 July 2013 - 11:05

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.



#4 Growled

Growled

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Posted 30 July 2013 - 19:09

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