Guessing Sprint sold a boatload of iPhones in November and December which hurt EBITDA. Company has a cash flow crunch but exceeded gross add estimates.
Market won't know what to do with the stock in the short run.
Softbank/Sprint merger will be a huge success and the stock will rock over the next 5 years.
there are only 3 million iphones that have not been sold by the two major carries this last quarter so split that with sprint and a few others does not make a boat load.
One must read all filings before One Speaks.
fact Apple stated 17.7 million U.S. iphones Sold last quarter VZ declared 6.2 AT&T 8.6 so that is 3 million not declared yet so that leaves Sprint PCS and Leap to go.
It's all relative - 2.5M would be a big number for Sprint. My guess is they exceeded expectations which will hurt cash flow but increase long term profitability.