That is, if the next-generation iPhone offers LTE. Sprint CEO Dan Hesse told CNET that the company is happy to offer unlimited data to its iPhone customers:
“Frankly, it’s a marriage made in heaven. We’re clearly attracting customers from our competitors.”
Indeed. The iPhone was a bright spot in an otherwise dismal first quarter report from Sprint. The company posted a net loss of $863M, yet sold 1.5 million iPhones, the majority of which went to new customers.
I’m currently using AT&T because I’m grandfathered into the unlimited data plan I purchased when the original iPhone was released. I really dislike AT&T and would consider jumping to Sprint if unlimited data is still available when I’m eligible.
Sprint has announced its Q4 2011 financial results. In short, it attracted a lot of new iPhone customers. Specifically, the press release revealed that Sprint sold 1.8 million iPhones, 40% of which went to new customers.
“Strong revenue growth and cost management partially offset the impact of increased equipment net subsidies and sales expense associated with the successful launch of the iPhone. Forty percent of Sprint’s 1.8 million iPhone sales in the fourth quarter were to new customers. Based on internal estimates, including incremental costs associated with iPhone sales, the combined impact of iPhone and Network Vision costs reduced fourth quarter Adjusted OIBDA* margin, which was 10.8 percent, by approximately 8.8 percentage points.”
Clearly, the iPhone 4S is a huge disappointment.
Sprint’s product chief Fared Adib, in an email to Boy Genius Report:
“Sprint today reported its best ever day of sales in retail, web and telesales for a device family in Sprint history with the launch of iPhone 4S and iPhone 4.”
This is becoming a familiar chorus. While RIM struggles, American carriers, I can only assume, are tripping over themselves to carry the iPhone.
Update: AT&T is on track to double its single-day activation record.