Crazy for the Palm Pre

Filed under: Sprint The Pre might have slowed the drain at Sprint but it hasn’t managed to turn things around completely — America’s number three carrier posted a second-quarter loss of $384m as it lost another 257,000 subscribers. That just continues Sprint’s trend of bleeding customers to the competition, and we doubt this balance sheet will turn around anytime soon — not only will next quarter reflect the $483m purchase of Virgin Mobile USA , it’s pretty clear that Verizon will get the Pre and AT&T will carry another webOS handset , leaving Mr. Hesse and crew without their shiny halo device to lure new subs to the fold.

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Sprint loses $384m, 257k subscribers in first quarter of Pre availability