Sprint reported a customer turnover rate of 1.98 percent, a tick up from 1.86 percent a year ago. The company blamed the higher defection on involuntary disconnections from customers who couldn't pay their bills or violated their terms and conditions. Sprint said it tightened its credit standards in the third and fourth quarter to avoid seeing similar issues. Also weighing on results is Sprint's plan to launch 4G LTE service later this year as part of its broader Network Vision project. The company is spending billions of dollars on the deployment, which is expected to save money down the line because the infrastructure is more efficient to run. It said it would deploy its next-generation network in Kansas City and Baltimore by June, marking six cities covered by the first half.
Updated at 6:35 a.m, PT with additional background and executive comments from the conference call, Sprint Nextel added the most customers in a quarter in six years, thanks in large part to the sale of 1.8 million iPhones, Sprint Nextel saw its biggest surge in new customers in six years thanks to the iPhone, but that growth came at a hefty price, Still, Sprint reported a loss of $1.3 billion, or 43 cents a share, on revenue starfall iphone case of $8.72 billion in the fourth quarter, That compares with a loss of $929 million, or 31 cents a share, on revenue of $8.3 billion in the year-ago quarter..
CNET también está disponible en español. Don't show this again. That is, if EA's online gaming platform, Origin, takes off with consumers. EA Chief Operating Officer Peter Moore believes it's a way to plug in directly to the home similar to Apple's iTunes or Amazon's online storefront. Clearly, Origin is much more limited; beyond games, iTunes and the App Store offer music, videos, and different kinds of apps, while Amazon sells virtually anything on its site. But the concept of creating a direct connection with individuals remains valid.
"Our platform will directly go after the consumer," Moore said in an interview at the company's spotlight event in New York, "We don't see ourselves as different than Amazon..or Apple.", Origin, launched in June, plays a crucial role in the video game publisher's ongoing transition from traditional physical games to starfall iphone case potentially more lucrative digital ones delivered over the Internet, By cutting out middlemen like big box retailers or video game stores and reducing the need for physical discs, packaging, and shipping costs, EA could stand to drive a higher profit off its digital content, Some of its iOS games, for instance, may cost 99 cents to a few dollars, but they cost less to produce and distribute and add up after a while..
"That's not too shabby of a start," Moore said. Last week, the company reported a fiscal third-quarter loss considerably narrowed from a year ago, helped by a modest gain in revenue and the profitable digital goods. Excluding one-time financial items, the company reported a profit that exceeded Wall Street expectations. Moore declined to provide any financial targets for Origin, but he said he expected growth to ebb and flow based on the success of individual targets. During the holiday period, the company benefited from the success of titles such as Battlefield 3 and Star Wars: The Old Republic. In fact, 40 percent of sales for SWTOR came from Origin. The PC game has sold 2 million units and boasts 1.7 million active users.
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