Sprint shares surge on Apple iPhone news

“Sprint shares surged Tuesday on speculation that the No. 3 telco will be selling the Apple iPhone this fall,” Scott Moritz reports for The Street.

“The stock closed up 10% Tuesday as investors cheered a report that Sprint would have the iPhone sometime in October, according to The Wall Street Journal, which cited two people,” Moritz reports. “The news comes as Apple is expected to be preparing two iPhone models for the holidays. The first is the iPhone 5 world phone; the second is a stripped-down iPhone 4 that could be sold by telcos as a giveaway in exchange for a two-year contract.”

Read more in the full article here.
 

19 Comments

  1. game. set. match.
    with too many aces to boot.

    who in this world is capable of challenging Apple?
    creatively?
    technically?
    business-wise?
    in marketing?
    smartly?
    socially?
    virally?

    everyone falls like dominos.
    everyone has a big mouth with nada to show for it.
    everyone, people & corporations always find faults with the way Apple does it, yet all fall down, except Apple – and we still doubt Steve etc?!

    Apple’s not about monopoly.
    who gives a fuck about open source,
    if open means spending more time fixing viruses etc. than being productive or enjoying the product?
    Apple is not about greed or pure capitalism.
    it’s just a natural consequence that makes Apple stand alone in this recessed world.
    just because their user experience is what user want.
    nada mas.

    simple.
    but even after copying them for 3 decades, no one gets it.

    may Spring rise a little again. they really hung in there.

  2. My first thought on this was that the market was up anyway, and 10% is such a huge number, but it really only represents investors thinking the iPhone is worth about $1 billion to Sprint. Of course, that’s just the rumor/speculation value, but still I think the iPhone is worth a hell of a lot more than that to Sprint. On actually news, their stock will really take off.

  3. Will it be the WiMax iPhone?

    “Clearwire together with Sprint has developed the first WiMAX (4G Technology) network in the United States. Sprint is now harnessing that power to launch Sprint 4G service across the country and it doesn’t end with Sprint. Intel, Samsung, Motorola, Google, ZTE and Zyxel have partnered with Clearwire to develop the Wimax infrastructure.

    Sprint 4G is the name of Sprint’s WiMAX service that provides “Wi-Fi like” experiences in a city-sized hotspot. Sprint 4G speed is an experience similar to basic cable service.”

    1. “There’s something happening here
      What it is ain’t exactly clear”

      I’m having this strange feeling Apple is about to produce something we didn’t even know we needed.

  4. How is Apple going to “strip down” an iPhone 4? Remove the WiFi? The 3G? Maybe it has just 4GB of memory, and works off of iCloud?

    I don’t see Apple “stripping down” ANY iPhone just to have a cheaper version out there. Less memory like the current 3GS, sure, but otherwise Apple’s position is an iPhone is an iPhone and should be able to run everything iOS offers.

    1. You are asking the wrong question, don’t look backwards, look forward. The question is what would they ADD, and how many new things will be on the 5?

      The 3GS added to the existing 3G, so why expect anything to be stripped? I don’t see a 4s happening myself, more likely price drop on existing capacities, and a new 5 at a lower starting price than it predecessors. Look to past iPhone and iPod trends to understand the cycle.

    2. > otherwise Apple’s position is an iPhone is an iPhone and should be able to run everything iOS offers.

      An iPod was an iPod (even if it was smaller with less storage), and did everything an iPod does, until the iPod shuffle, which was clearly NOT a “real” iPod. Yet, it was still called an “iPod something.” And it was very popular; my two shuffles are used every day.

      So, it is entirely possible that Apple will release an “iPhone something” that is clearly NOT a “real” iPhone (and marketed to clearly show potential customers the distinction), yet still be very popular with its intended audience (the tens of millions of mobile phone customers who currently happily use “feature phones”).

      To me, Apple will eventually go after the low end of the mobile phone market. Apple started out at the high end with iPod, and then extended to the low end when the time was right. Apple always targeted the high end of personal computing, until taking on netbooks with iPad. There are probably at least 10 times the number of mobile phone user who do not even consider an iPhone due to high total cost of ownership, when compared to the number of current iPhone customers. Will Apple ignore that HUGE audience forever…?

      What Apple should offer is a mobile phone that is “smart,” but is not a “smartphone.” It would have 8GB of local storage, for songs and other media, but not videos. It would take nice photos, but not movies. It would access the “cloud” and have a full set of built-in apps, such as iPod player, iTunes Store, iBooks, Maps, email, AddressBook, Calendar, texting, Twitter, FaceBook, etc… but no general web browser or third-party apps. The built-in Apple-supplied software would receive maintenance “updates” (as needed), but no “upgrades.” The built-in “smart” features are what that phone has for its lifetime, and that would be the customer’s expectation.

      THAT product would be Apple’s replacement for the current “$49” iPhone, except that it would have a much lower subsidy (not the current $400) so carriers can make the monthly fee more affordable, and even offer “free iPhone” plans. BUT (very importantly) it would NOT steal customers from the highly profitable “real” iPhone, because no one who wants a “real” iPhone will buy it instead. But it will be the ultimate “feature phone” for the 10x size audience who are currently not even in the iPhone picture.

      1. So basically apple is going to have an iPod touch that makes phone calls…

        Which in the long run makes since since that was what people called the iPod Touch. And Apple did say that they were in the midst of a product transition…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.