Sprint scores iPhone 5 exclusive thanks to $20 billion deal with Apple?

The Wall Street Journal is reporting that Sprint has entered into an agreement with Apple to purchase over $20 billion worth of iPhones over the next four years ? that’s around 30 million iPhones. It’s said that Sprint won’t even break even on the transaction until 2014, which is surely a huge risk on Sprint’s part, but why? I have been going back and forth for weeks with one of my incredibly solid industry contacts on a piece of information that I couldn’t really process at first ? information that is so unbelievable, even from a source this solid, that I couldn’t report it. With this new WSJ report on an Apple/Sprint deal, however, it doesn’t look so crazy. Hit

Source: http://www.bgr.com/2011/10/03/sprint-guarantees-to-buy-over-20-billion-in-iphones-from-apple-launching-the-iphone-5-exclusively/

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