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Sprint Will Offer iPhone 5 Simultaneously With Verizon And AT&T

Posted By maxim On August 24, 2011 @ 3:30 pm In All,Financial | No Comments

iphone-5-sprint [1]

According to The Wall Street Journal [2], the U.S. third largest carrier Sprint will offer iPhone 5 this year. Also the report says that Sprint, AT&T and Verizon will release the iPhone 5 simultaneously in "mid-October". At the same time Sprint will also offer the iPhone 4, as a person familiar with the matter said. AT&T has exclusively carried iPhone in the U.S. until Apple launched a CDMA iPhone 4 for Verizon earlier this year.

At the end of the second quarter Sprint had 52 million subscribers, while Verizon had 106 million and AT&T about 99 million. However Sprint offers lower data costs and really unlimited data plan, compared to AT&T and Verizon. After the news appeared yesterday, Sprint shares rose by 10% in just several minutes. And according to estimates of analyst at Piper Jaffray Gene Munster, Apple can now expect to sell additional 6 million iPhones.

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[1] Image: http://iphoneroot.com/wp-content/uploads/2011/08/iphone-5-sprint.jpeg

[2] The Wall Street Journal: http://online.wsj.com/article/SB10001424053111903327904576526690675657466.html

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