The enthusiasm over Sprint Nextel possibly getting the iPhone is overblown.
News that Sprint may finally get the iPhone garnered universal praise yesterday, from a pop in Sprint's stock to longtime subscribers cheering at the prospect of finally owning Apple's smash-hit handset. Today, a few analysts have already begun to hit the brakes, noting the potential headaches that may come with the iPhone.
"Sprint iPhone? Be careful what you wish for," William Power, an analyst at Robert W. Baird, said in a research note today.
Sprint will have to deal with higher subsidy costs for the … Read more