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Sprint CEO 'Doesn't Know' Timing of 4G iPhone

Dan Jones
LR Mobile News Analysis
Dan Jones, Mobile Editor
4/25/2012

Sprint Corp. (NYSE: S)'s CEO Dan Hesse says that he doesn't know when the next iPhone will arrive and whether it will have 4G Long Term Evolution (LTE) technology onboard.

The Sprint boss was questioned by a UBS Investment Bank analyst about the timing of a new Apple phone on the carrier's earnings call Wednesday morning. It has been widely rumored that the next iPhone could have the faster wireless data transfer technology onboard and arrive by late summer or fall.

"We don't know when the next iPhone is coming out and what it will have in it -- like you, we've made some assumptions -- but we don't know," Hesse said in response to questions.

The timing of the LTE iPhone matters to Sprint-watchers because it has a smaller LTE footprint planned this year than Verizon Wireless and AT&T Inc. (NYSE: T). Six cities should go live by mid-year with 100 to 120 million people covered by the end of 2012.

Analysts worry that Sprint could lose its 3-million-plus-sold momentum with the iPhone if a new LTE version appears to favor rival networks. Hesse pointed out that the 3G iPhones so far have been "going head-to-head" with 4G devices and still shifting massive units.

"We expect that we'll be successful at selling the next version of the iPhone," he reassured listeners on the earnings call.

Separately, Apple has just announced its Worldwide Developers Conference will be held on June 11 in San Francisco. The company often uses the show as a platform to announce new products.

— Dan Jones, Site Editor, Light Reading Mobile

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DCITDave
DCITDave
12/5/2012 | 5:35:13 PM
re: Sprint CEO 'Doesn't Know' Timing of 4G iPhone


would he tell a room full of stock analysts and reporters?

joset01
joset01
12/5/2012 | 5:35:12 PM
re: Sprint CEO 'Doesn't Know' Timing of 4G iPhone


"Like you we've made some assumptions"


 


I mean I take that to mean they're assuming that it will be. I could definitely see how they could get more burnt if users understand that Verizon destroys them as far as LTE coverage goes. Not clear to me that people *do* understand that though.

sarahthomas1011
sarahthomas1011
12/5/2012 | 5:35:11 PM
re: Sprint CEO 'Doesn't Know' Timing of 4G iPhone


It's like how everyone took Verizon saying it'd only launch LTE smartphones this year to mean there'd be an LTE iPhone. My guess is none of them - Sprint, AT&T, Verizon - have much of a clue right now.

Flook
Flook
12/5/2012 | 5:35:05 PM
re: Sprint CEO 'Doesn't Know' Timing of 4G iPhone


I read a lot here on who's ahead in rolling out LTE, and that Sprint trails the 2 big carriers. But in the LONG TERM does this really matter? If Sprint's LTE is better or offers better service plans, then wouldn't VZ/ATT customers just shift to Sprint after the contract period.


Yes, being first is important...but I wonder if you're making a bigger deal of this than it is.

Sandpaints
Sandpaints
12/5/2012 | 5:35:02 PM
re: Sprint CEO 'Doesn't Know' Timing of 4G iPhone


Lazy reporting is no excuse for apparent distortion of a news event, so how are we to evaluate your communication skills as a public reporter? If I was an editor at Light Reading, you'd be called on the carpet for some explanations.


 


Hopefully readers will visit the Sprint investor relations website and listen to the recording of the earnings conference call. If you have an editor, I would hope that person would also cross check your shoddy execution of standards, if there are any in your reporting.


 


IMO, both stories you wrote today were pathetic coverage of what actually was said and delivered as information to the market place.


 


I do not hold Sprint stock, but was interested to be informed and paid attention to the presentation.  

joset01
joset01
12/5/2012 | 5:35:02 PM
re: Sprint CEO 'Doesn't Know' Timing of 4G iPhone


Hey


I welcome people to go to 1.03.58 in that webcast and listen to what Dan says:


http://services.choruscall.com...


I don't know what you wanted to hear but I thought it was an interesting comment from a major cellular CEO.


 

joset01
joset01
12/5/2012 | 5:35:02 PM
re: Sprint CEO 'Doesn't Know' Timing of 4G iPhone


Hi, yeah,


 


What really matters is how it is for Sprint to get inexpensive LTE devices and decent roaming. As far as I know none of the major carriers have LTE roaming agreements in place.


 

Sandpaints
Sandpaints
12/5/2012 | 5:35:01 PM
re: Sprint CEO 'Doesn't Know' Timing of 4G iPhone


Thank you for proving the point that One Hour. Three Minutes. and Fifty Eight Seconds into CEO Hesse's earnings report you CHERRY PICKed just a few words that would serve your article headline and proceeded from there with a distortion.

kaps
kaps
12/5/2012 | 5:34:58 PM
re: Sprint CEO 'Doesn't Know' Timing of 4G iPhone


Flook, I think the concern is that if Sprint misses the window on having a viable LTE network if and when the LTE iPhone comes out, you can pretty much kiss their chances of ever being more than No. 3 goodbye. If everyone goes to AT&T or Verizon for an LTE iPhone, the earliest they would be able to switch to Sprint is two years later... an eternity for Sprint right now.


So, I think, it's important to pay close attention to what Sprint is doing with LTE and when it might see an LTE iPhone. 

kaps
kaps
12/5/2012 | 5:34:58 PM
re: Sprint CEO 'Doesn't Know' Timing of 4G iPhone


Flook, I think the concern is that if Sprint misses the window on having a viable LTE network if and when the LTE iPhone comes out, you can pretty much kiss their chances of ever being more than No. 3 goodbye. If everyone goes to AT&T or Verizon for an LTE iPhone, the earliest they would be able to switch to Sprint is two years later... an eternity for Sprint right now.


So, I think, it's important to pay close attention to what Sprint is doing with LTE and when it might see an LTE iPhone. 

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