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Sprint places a $20 billion order on the next-gen iPhone

Sprint orders $20 billion worth of next-gen iPhones

Anthony Garreffa | Oct 4, 2011 at 8:00 am CDT (0 mins, 31 secs time to read)

Sprint is currently the number 3 wireless carrier in the US and to try and turn this around, they've ordered an astonishing $20 billion worth of next-gen iPhones. Sprint are hoping that the next-gen iPhone is that good, as this is a matter of do-or-die. Currently, Sprint have 52 million subscribers who are mostly pre-paid, but with $20 billion worth of next-gen iPhones, I'd be willing to wager that they want to get those customers off pre-paid and onto contracts.

Sprint places a $20 billion order on the next-gen iPhone | TweakTown.com

This move allows Sprint to subsidize the $500 cost of each handset and should give Sprint a running start. 30 million-plus iPhones sure is a lot of iPhones...

Last updated: Apr 7, 2020 at 11:23 am CDT

NEWS SOURCE:engadget.com
Anthony Garreffa

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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