Sprint Can’t Resist a Bite of the Apple
Sprint is taking a huge gamble in ordering 30.5 million of Apple’s newest iPhone so its network can finally establish an alliance with the country’s most popular smartphone.
But does Sprint know that the new iPhone is, well, a bit underwhelming?
In the past, each successive iPhone made significant technological advancements over the previous version. Apple’s latest version, the iPhone 4S failed to impress and Apple stock fell as much as 5%. With this new deal, Sprint better hope that its stock isn’t facing the same fate.