Sprint Nextel is expected to release its financial results for the fourth quarter of 2011 later today, and it appears that numbers are even worse than they were during the previous quarter.
For the three months that ended on December 31st, Sprint lost $1.3 billion on revenue of $8.7 billion. That compares to a loss of $929 million on revenue of $8.3 billion for the same quarter the previous year.
Everything isn’t that bad for Sprint though. The company managed to sell 1.8 million iPhones, of which 40% were new customers..
If you needed more proofs that the iPhone kicks ass, you may want to look at AT&T’s financial results for last quarter. Even though the company had to swallow a big $4.2 billion pill for pulling out of the T-Mobile buyout, AT&T actually did pretty good.
I’ll spare you the boring financial numbers, which you can access by clicking the link above, but we’re just going to focus on what we really care about: iPhone sales numbers. And they are big…