The United States' 3rd largest wireless carrier held their quarterly earnings call yesterday, and the company posted a net loss of $847 million. In wake of the poor performance, Sprint's stock dropped nearly 16% by the time the market closed last night.
Although they added a cool million customers last quarter, the company lost 101,000 contacts. What could be causing such a massive leak? Sprint cited Apple's popular smartphone, especially the $49 iPhone 3GS, as a major factor for the customer deflections...