Sprint is not making money. It hasn’t been for a while. It’s also been losing subscribers. To an extent, it still is. That’s why the company’s taken a tougher attitude toward its customers’ credit. It also hiked prices for services, added a new plan and has hinted at the demise of one-size-fits-all unlimited data.
Sprint grabbed 237,000 postpaid phone subscribers during fiscal Q2, but lost 363,000 prepaid customers. Mixing in other postpaid devices plus wholesale and affiliate subscriptions, the net gain stands at 1.05 million [...]
Apple is a huge money mover: it knows how to make money and it uses that money to make more money. Morgan Stanley is also a huge money mover: it gives businesses money, trades money for money and makes bold statements about money for money money money. Also, money.
Morgan Stanley seems to think that Apple is setting up for a huge holiday quarter this year based off of some disclosures in its last quarterly report. All told, some $36.8 billion worth of commitments — that’s planned spending.
Apple is also planning on capital expenditure projects for to facilitate more [...]
By now, you might’ve seen the IHS and Slice Intelligence figures. If not, here’s a quick summary: the standard 38mm Apple Watch Sport Band costs $2.05 for Apple to make and it is selling them for $49 each. The disclaimer here is that marketing, shipping and other associated costs aren’t included here. That said, Apple prices nearly all, if not all of its products for profit because otherwise, it wouldn’t be in business. This is beyond smartphones, here.
We’ve seen the Cupertino tech trendsetters make money hand over fist in many ways. Many. The [...]