Sprint's latest financials show that while the network is slowly stemming the flow of cash from its veins, it's not quite there in terms of turning a profit. The country's third biggest carrier suffered a $767 million net loss and an operating loss of $231 million - much less than the $629 million operating loss it had in Q2, but on-par with the $208 million lost in the same period last year. The business did manage to bring in total revenues of $8.8 billion, but had to take a hit on a $397 million write-down on costs related to Network Vision and the continued pain of the Nextel shutdown.
Engadget , Sprint sells 1.5 million iPhones, 1 million other smartphones, but makes a net loss of $767 million, Sprint sells 1.5 million iPhones, 1 million other smartphones, but makes a net loss of $767 million
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