Leap Wireless held its quarterly earnings call yesterday. And aside from losing some 360,000 subscribers to 'increased competition,' and droopy revenues, its numbers actually look pretty good. Smartphone sales are up, ARPU is up, and churn is down.
But the number that really interests us is that the company's iPhone sales were up during the quarter. In fact, Leap's CFO Perley McBride said during the call that the carrier won't have to purchase $100 million in unsold iPhones as it originally thought...