Tag: Stock
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Sprint lost over $1 Billion this Quarter
Sprint’s financial results for the second quarter of 2012 does not look so good. Even though the carrier added a net total of 442,000 postpaid subscribers and sold 1.5 million iPhones’s. That multi-billion dollar gamble on the iPhone seems to not as of yet paid off. Sprint lost $1.4 billion, on $7.3 billion in sales.…