Hasta La Gadget!

Sprint’s second quarter figures have arrived, showing that the company’s billion-dollar gamble on the iPhone isn’t working right now. While it sold 1.5 million Apple-branded handsets in the three month period (40 percent to new and postpaid customers), it recorded an operating loss of $629 million and a colossal net loss of $1.4 billion — compared to an operating loss of $255 million and a net loss of $863 million in the first quarter. Operating revenues of $8.8 billion improved on those in the first quarter by a single percent — mostly due to higher service fees from its wireless offerings. It’s also grown its cash reserves, up from $128 million last quarter to $267 million today, and can point to 442,000 postpaid and 141,000 new prepaid subscribers pushing the company’s customer base up to 56 million nationwide — mentioning that 60 percent of former Nextel users chose to remain with Sprint during the enforced change.

The figures reveal that Sprint’s eating around $782 million due to the shutdown of the Nextel platform and a further $184 million to end leases on antenna sites for the moribund network. It’s also having to take a hit of $204 million due to its investment into infrastructure partner Clearwire. It’s affirmed its $1 billion lending facility, contingent upon purchasing gear from Ericsson to help build its LTE network, which it aims to have installed in 12,000 sites by the end of the year. Of course, that purchase was prompted by the collapse of Philip Falcone’s doomed LightSquared project, which caused the Now Network to lose $66 million in cash and its childhood innocence when it comes to trusting other people.

Update: Big Yellow also mentioned that it has no plans to adopt a shared data plan to follow AT&T and Verizon.

Filed under: Cellphones, Wireless, Internet

Sprint’s iPhone gamble isn’t paying off as 2012 Q2 figures reveal $629 million operating loss originally appeared on Engadget on Thu, 26 Jul 2012 07:17:00 EDT. Please see our terms for use of feeds.

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About a week ago, we reported that the Samsung SPH-L300 was spotted at the FCC and if you recall, images of the device was leaked back in May. Well if you’re in the market for a mid-ranged Android device, the folks at Brief Mobile have managed to get their hands on more leaked photos of the handset, confirming that the device will be running on Android 4.0 Ice Cream Sandwich.

For those wondering, the handset is also expected to be headed Sprint’s way, although no official announcement has been made yet (hopefully the FCC filing is an indication that an announcement is close at hand). As far as specs are concerned, would-be buyers can expect a dual-core Snapdragon S4 processor under the hood, a 4” 800×480 WVGA Super AMOLED Plus display, a 5MP rear-facing camera,1 GB of RAM and we guess Android 4.0 Ice Cream Sandwich. Pricing and release date have yet to be confirmed, but be sure to check back with us at a later date for more updates!

By Ubergizmo. Related articles: Samsung Galaxy Nexus training slides from Sprint leaked, Samsung Galaxy Reverb for Sprint leaked,

If the now-deleted @evleaks is / was to be believed, Samsung is preparing a low-price handset for Sprint’s big yellow network. The pulled feed revealed that the Galaxy Reverb (SPH-M950) will pack a Snapdragon MSM8655, a 4-inch 800 x 480 WVGA display, 768MB RAM, 4GB on-board storage and Ice Cream Sandwich. Photography enthusiasts should know that there’s a 5-megapixel rear camera and a 1.3-megapixel front-facer for those self-portrait moments. There’s no word on if it packs LTE, but given the limited quantity of Sprint markets that can currently use the standard, we wouldn’t get our hopes up just yet.

Filed under: Cellphones

Samsung’s Galaxy Reverb details echo across the twittersphere originally appeared on Engadget on Mon, 23 Jul 2012 11:49:00 EDT. Please see our terms for use of feeds.

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Kyocera has already committed to launching the Hydro with Boost Mobile next month, but the Rise is still the bridesmaid, and not a bride — at least, not until a blink-and-you’ll-miss-it leak that emerged this weekend. A Twitter update by EV leaks has the Android 4.0 QWERTY slider attached to Sprint and Virgin Mobile, with a press photo of the Sprint version as evidence. Unfortunately, that’s about all we’ll get to see in the near future: the post and the whole account ceased to exist not long after they first appeared, which makes permanent proof a little hard to come by other than through an Unwired View recap. Still, we already know the Rise is destined for CDMA providers in the US, and Sprint’s longstanding partnership with Kyocera makes the Rise an obvious candidate as the carrier’s next on-the-cheap messaging device — the image may just give our hunches some meaning.

Filed under: Cellphones

Kyocera Rise linked to Sprint and Virgin Mobile in leak, clue vanishes in a hot minute originally appeared on Engadget on Mon, 23 Jul 2012 02:22:00 EDT. Please see our terms for use of feeds.

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Well, look who decided to make a sudden appearance yet again. Not long after receiving a quick, unexpected visit from the legendary (and very crafty) Mr. Blurrycam, the purported Sprint-bound LG LS860 has decided it was time for another showing. This time around, though, the Cayenne’s a little more revealing than during its previous exhibition, flaunting its powered-on 4-inch, WVGA screen and what appears to be a flavor of Android 4.0 running on the background — this would allegedly be paired alongside a dual-core, 1.2GHz S4 CPU, which is a slight change from what we’d previously heard. As far as whether or not LG’s Cayenne will be involved in the next wave of LTE-enabled slabs headed to The Now Network — for that, our friends, we’ll have to wait to find out.

Filed under: Cellphones

Sprint’s rumored LG LS860 ‘Cayenne’ shows up once more, reveals hint of ICS originally appeared on Engadget on Fri, 20 Jul 2012 18:39:00 EDT. Please see our terms for use of feeds.

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