at industry-norm activation rates (AT&T activated 5.3 million iPhones in the past quarter), it will take about 6 quarters, or 1.5 years for Sprint to work through its inventory. By that time a new version will be out, and Sprint will take a hit to margins even greater than it already has.

Not only is this guy peddling poor advice, he’s just plain wrong. Does he really think Sprint have a warehouse somewhere with 30.5 million iPhones in it? If he read Sprint’s press release he’d know that they are purchasing those iPhones over 4 years.

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