Apple’s iPhone 5 – Limitless Technology https://limitlesstechnology.com Vendor Management Solutions ~ Cost Reduction Specialists Wed, 24 Aug 2011 17:08:01 +0000 en-US hourly 1 https://limitlesstechnology.com/wp-content/uploads/2020/05/cropped-favicon-32x32.png Apple’s iPhone 5 – Limitless Technology https://limitlesstechnology.com 32 32 Sprint to get the iPhone5… https://limitlesstechnology.com/sprint-iphone5/ Wed, 24 Aug 2011 17:08:01 +0000 https://limitlesstechnology.com/?p=1438 Here’s some potential good news for the ailing Sprint Nextel: The carrier is expected to get Apple’s iPhone 5 and begin selling it in mid-October, according to a report.

Sprint will join Verizon and AT&T in selling the hotly-anticipated Apple device The Wall Street Journal reported Tuesday. The move comes after Sprint lost $847 million in its most recent quarter. Like T-Mobile, Sprint has suffered from its lack of access to the iPhone, the best-selling phone on the market.

Apple’s move isn’t completely unexpected, however. Back in May, Peter Misek, an analyst with Jeffries & Co., predicted that Apple would announce distribution deals not only with Sprint, but with T-Mobile as well.

Still, investors greeted the news warmly, propelling Sprint’s stock price up 10%.

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