Sprint has entered into an agreement with Apple to purchase over $20 billion worth of iPhones over the next four years, the Wall Street Journal reports -- around 30 million iPhones.
It’s said that Sprint won’t even break even on the transaction until 2014, which is surely a huge risk on Sprint’s part. So why make the deal?
BGR.com has been told that Sprint will be getting the iPhone 5 -- yes the real iPhone 5, not the iPhone 4S -- as an exclusive. And it will be a 4G WiMAX device. AT&T and Verizon will launch the iPhone 4S and get the iPhone 5 some time in the first quarter of next year as an LTE device. Globally, the iPhone 5 might be available as a 4G HSPA+ device.
In this scenario, the iPhone 4S Apple will introduce tomorrow will feature the following:
- A low voltage Apple A5 CPU (it won’t be the same as the iPad 2 chip, clock for clock).
- Updated front and back camera sensors. FaceTime HD in the front, 8-megapixel 1080p HD video recording in the back.
- Multiband 3G Qualcomm chipset — North American & international bands for AT&T and global carriers, North American CDMA & international bands for Verizon and Sprint.
- NFC support.
- Metal or “premium” plastic on the back case.
For the rest of this article, including purported iPhone 5 specs and additional details, see BGR.com.