Sprint Posts Loss, But Adds New Customers Ahead of Landing iPhone

Despite posting a net loss, the company managed to add more than 1.3 million customers and swing to an operating profit, ahead of landing the iPhone.
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The Average Groupon Customer Has Purchased Four Deals

Groupon’s aggressive marketing tactics have been very effective at getting new subscribers to sign up. But has it been good at getting those subscribers to buy?
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Attention, Wal-Mart Shoppers: iPhone 3GS Clearance Sale in Aisle Nine

With two weeks to go before Apple’s annual Worldwide Developers Conference and the presumed debut of the company’s next-generation iPhone, Wal-Mart is dropping the price of the entry-level iPhone 3GS by more than half.

Sirius Breaks Even

Sirius XM Radio’s financial position is improving. Sadly, the same cannot be said for its subscribership. Reporting earnings this morning, the company broke even in its third quarter. Good news, but it was tempered with a bit of bad. Because Sirius’s subscriber growth is slowing.
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Sprint-Nextel: Another Rough Quarter as Customers Flee

Not a very encouraging quarter for Sprint-Nextel (S). The telecom giant posted Q3 revenue of $9.1 billion, with a loss of 12 cents a share; the Street had expected $9.2 million and a profit of 3 cents.