V-Tech Posted July 30, 2013 Share Posted July 30, 2013 Sprint reports 'highest-ever' revenue of $7.2 billion for Q2 2013, still loses $874 million 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/ Link to comment Share on other sites More sharing options...
Grinch Posted July 30, 2013 Share Posted July 30, 2013 With how much I have to pay each month, *sighs* don't know what I expect honestly. :/ Link to comment Share on other sites More sharing options...
DeadEndAccount Posted July 30, 2013 Share Posted July 30, 2013 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. Link to comment Share on other sites More sharing options...
Growled Member Posted July 30, 2013 Member Share Posted July 30, 2013 I think Sprint will be fine in the long term. What they are offering is gonna keep winning customers over, in time. Link to comment Share on other sites More sharing options...
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