Sprint CEO Cuts Pay to Reflect Cost of iPhone
That's what happens when you sign a deal with the devil
Is there a time when you don't troll the site just waiting to talk $%^& about Sprint?
The guy is telling the truth though. Apple is the devil and Sprint is indeed a mess. T-Mo was smart enough to see through Apple's evil ways. It's hurting them but not as much as Sprint's gonna hurt later on. What is it? 2015-16 that'll finally see a profit from the iPhone??? They'll be dead by then man.
Hessse should not have just cut his pay, he should have resigned.
If Hesse doesn't resign, and the company doesn't start to generate PROFITS, not just 'smaller losses' but PROFITS, he's not going to have a choice, Sprint shareholders are going to revolt, and he will be ousted.
I will say I do like Hesse and how he has handled some of the flak that has come Sprint's way in recent memory, but sadly it was just too much for any one man to handle.
Bravo to him for taking the pay cut! There needs to be more CEOs that would willingly do this in order to take responsibility for poor performance!
Apple messed it all up and now sprint will put the burden not just on Dan but also on the employees.
Apple didn't mess anything up. Sprint could have said no to the deal and walked away like other smaller carriers have.
Small carriers have no choice but to walk away because the initial cost is very expensive.
The iPhone issue (assuming thats all it is) is a short term problem for Sprint because the money is made up later in the contract term because we all want subsidized phones dam it!
Seriously, I they have done the math and believe they will come out well down the road. ONly time will tell, but you can't tell this early.
Seriously, profiting from it might not be an option because the company might not exist long enough to see a profit from the iPhone deal.
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