Sprint reports Q2 results, sheds almost 1 million postpaid subs
Still managing to skirt the ever-present how many Palm Pres has the company sold question, Sprint reported its Q2 2009 results this morning. While the company did post a slightly bigger loss than expected, it wasn’t the bone crushing declines we’ve seen from Old Yeller in recent history. Operating revenue came in at $8.1 billion, down 10 percent YoY and just short of the Street’s $8.12 billion projection, and it posted a net loss of $384 million or $0.13 per share, down 12 percent from $344 ...
