Sprint is the last of the three major mobile carriers in the United States to report its financial earnings results for the second quarter of the calender year, posting a net loss of $1.4 billion and matching its 1.5 million iPhone sales that it achieved last quarter. Nearly 40 percent of the 1.5 million iPhones that Sprint sold during the second quarter were to new postpaid subscribers, which could contribute to a promising future that the carrier is hoping for.
Competing telecommunication giants AT&T and Verizon Wireless sold 3.7 million and 2.7 million iPhone units respectively in the second quarter, both declining numbers from the previous quarter. That allowed Sprint to catch up, albeit marginally, to its two larger rivals in terms of iPhone sales in the United States. Sprint has only been carrying the iPhone since the fourth quarter of 2011, when Apple launched the new iPhone 4S handset.