Sprint loses a little bit of money
Holy…okay. So here’s the deal. Sprint just posted their final sales numbers for the 4th quarter of 2007, and the results are a bit shocking. Sure, we all know that Sprint has been in a bit of a downward spiral for quite some time now, but it seems the real gravity of the situation has escaped everyone…until now. Over the course of 2007, Sprint lost $29.5 billion. That’s a lot of money, but here’s the real kicker. Ready? Sprint is currently valued at $23 billion. Is this sinking in yet? We can be a bit more clear, just for the sake of argument. During the 4th quarter of 2007, Sprint lost over $6 billion more than it’s worth. We’re not economists here, but all signs point to "Woops!" Sprint is in trouble, and no amount of $99 unlimited plans sold is going to stop the bleeding. We’re sure there’s some charitable soul out there willing to spend a couple hundred thousand on your remaining assets, and you can work towards making back some of the lost revenue by embarking on a speaking tour entitled "How to Completely Ruin a Company in 12 Months."
The law of Cause & Effect can be _such_ a cruel reality for some.
Right on…
Hi, i was looking for info. on nextel money and
ran across this site about sprint i can you that
as former customer of sprint most of what was said on site is true.
I just terminated my service with nextel and my
billing date is the 25th of the month,my numbers
were ported on the 19th and i called to make sure my service was terminated and i was told that i still owed for june and upcoming month of
july now in my personal opinion this shows how
crooked and devious nextel is this mean,s even
after terminated my service iwill still the
equivilant of 2 months yet after i quit nextel