“The company lost 991,000 long-term calling plan subscribers, an improvement from the 1.25 million lost in the previous quarter but worse than the 780,000 shed a year ago,” Everly reports.
“In contrast to Sprint, Verizon gained 1.1 million subscribers in the second quarter and AT&T added 1.37 million while beating analysts’ estimates for earnings,” Everly reports.
Sprint “posted a wider net loss for the second quarter of $384 million, or 13 cents per share. That compared with a loss of $344 million, or 12 cents per share, for the same period last year. Revenues declined to $8.14 billion, a 10 percent drop from the same period a year ago,” Everly reports. “The most recent quarter’s loss would have been worse without a reduction in expenses, including cutting 8,000 jobs earlier this year.”
Everly reports, “Wall Street punished Sprint Nextel’s stock. It dropped 54 cents, or almost 12 percent, and closed at $4.05… The company didn’t report Pre sales, which up to now have been almost entirely in Sprint stores, but said it was the smoothest launch it had ever had for a new product.”
Full article here.
MacDailyNews Take: It certainly sounds smooth. (smirk)
[Thanks to MacDailyNews Reader “iPhoniac” for the heads up.]
Where are those sales numbers Sprint/Palm??? What’s the matter? Not to proud of your POS sales numbers eh?
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MDN take: tooo funny, especially with the smirk
The Pre launch probably was so smooth because initial demand was not as great as expected and prepared for, cheerleader-type comments from proponents notwithstanding.
Smooth as a cracked screen.
Come on guys, can you find another word/s other than “Beleaguered”? It just sounds like a one trick pony or reporter with a limited vocabulary.
I don’t disagree with you, but it does become tiresome and at some point un-readable.
@ macmyke,
Noobie much?
I’ll forgo you the initiation for your ignorance (limited time engagement, only), but you really deserve a slap upside the head.
“Beleaguered”, padawan, has been a term bestowed Apple for 30 years (by every no-nothing “analysts”, mind you), despite the fact Apple survives where the favoured has fallen.
Once again, you’re just a tyke… but you’ve no longer an excuse for your lack of knowledge.
You are welcome.
Yes I for one welcome every time beleaguered is mentioned
@sixvodkas
some people know how to let go.
What?!?! No Palm Pre numbers? I wonder why?
I love that word.
“Macintosh user since 512K Fat Mac”
If you don’t like “Beleaguered”, hit the road.
This is MacDailyNews.
We never tire of the beleaguered moniker.
The truth is a bitch.
Man, I never tire of the “beleaguered” label. In fact, I get a little shot of schadenfreude every time I read it here!
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Love it.
Beleaguered
“Mac user since Apple IIe”
Apple user since Apple}{e Mac user since 1984…. I have never looked back,Oh Yeah BTW I lovet! Beleaguered!
How can a company make $8.14 billion in revenue and lose $384 million in one quarter? Am I missing something?
Beleaguered, Beleaguered, Beleaguered, Beleaguered, Beleaguered, Beleaguered, Beleaguered, Beleaguered, Beleaguered, Beleaguered, Beleaguered, Beleaguered, Beleaguered, Beleaguered, Beleaguered, Beleaguered!
@ ecrabb
A little shot of What!? Is that sorta like some sorta STIMULUS?
@ Think,
Think, if you were using an Apple ][e you were not using a Mac.
Think.
From the Magical Right Click Thesaurus
hard-pressed, troubled, screwed, in difficulties, in the shit house, under pressure, up shit creek, under stress, up to their neck in shit, with one’s back to the wall, totally fucked, in a tight corner, snow ball’s chance in hell, in a tight spot, so fucking screwed, up against it, up to their ass in alligators, beset, screwed to the max, assailed, don’t have a rat’s ass chance, besieged, taking it up the poop shoot, under siege, screwed beyond all belief, blockaded, fixing to take one in the ass, surrounded, deep in the shit, encircled, ain’t got a chance in hell, beset, fubar, hemmed in, in the crapper, under attack, doing a Ballmer, gone Microsoft, and bending over to kiss your ass goodbye
Take your pick ?
BC
Sprint will be okay, they just bought Virgin Mobile, which recently bought Helio. They are also hosting Clear wireless internet service in a few select cities, which will spread around the country. They’ve found some good niches.
Smooth is the new beleaguered.
As for the quote, I believe Hesse actually said, “possibly” the smoothest launch ever of a Sprint device. He qualified it with a “possibly”. Of course they can’t give actual sales figures because they have to tell the truth in an earnings conference call.
Maybe AT&T;<—(look at that “;”, I didn’t put it there and I’ve forgotten how to get rid of it) could buy up Sprint.
Of course according to the FCC they would have to sell off all the towers where they already have towers to incourage compition, but I think they might could benefit their overall network. Especially in some more rural areas.
Heck Sprint keeps losing money I might be able to buy it.
And for any of you anti-beleaguered-ites still out there …
hunkered down, out of gas, locked their keys in the trunk, going the wrong way on one way street, lost their keys, headed down a dead end road, took the wrong exit, flirting with disaster, in some serious shit, on the highway to hell, used up all their brownie points, pissing into the wind, pissing up a tree, woofing up the wrong tree, without a map, without a clue, totally clueless, brain dead, on their last breath, on their death bed, up against the clock, on life support, got their tit caught in a wringer, don’t stand a chance, in the shit, covered in shit, in some deep do do, gonna get reamed a new asshole, fixin’ to lose it, and does anyone there know what the fuck they’re doing cause they’re in such serious trouble they don’t know whether to shit or go blind
Whew, that enough ?
BC
@Sixvodkas
So, is padawan something like makaka?
Smooth start for the Pre, yeah, no long lines, no overloaded activation servers, no waiting lists for the product. Not the kind of smooth I’d want.
Hey here are a few more beleaguered type words for those of you who don’t love the word:
barred, beset, besieged, blockaded, bound, cabined, caged, cloistered, closed-in, confined, cooped, cordoned, cordoned off, corralled, cramped, cribbed, enclosed, fenced, hedged, hemmed, immured, imprisoned, incarcerated, jailed, leaguered, mewed, paled, penned, pent-up, quarantined, railed, restrained, shut-in, walled-in, walled
Of course this could lead the way for a new MDN redudant headlines like
Beleaguered and crippled Sprint
Beleaguered and restrained Palm
Beleaguered and incarcerated Microsoft.
Oh the dictionaries are quivering with excitment over this one I bet.