Kevin Smith/Business Insider
?
Well this is some bad news for Apple shareholdersLeap Wireless, which runs a pre-paid cellphone brand called Cricket, just warned its own shareholders that, after making a very large bet on iPhones, it's having a very hard time selling them.
Leap says it could end up with $100 million worth of unsold iPhones ? and that it's on pace to sell as many iPhones as it committed to selling in a contract with Apple.
BTIG Research's Walter Piecyk dug up Leap's filing.
Some of the blame here falls on Apple, which hasn't tried very hard to make a super cheap iPhone.
A lot of it falls on Leap, which can't sell its iPhone in every market due to technological constraints.
Now Watch: Here Is One Reason Why You Shouldn't Buy The iPhone 5
?
daytona 500 national margarita day Ronda Rousey PS4 Google Glass Cecil Hotel Cressida Bonas
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.