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Re: EVO quantities
S Sprint Nextel management conference call takeaways - FBR Capital (4.79 )
FBR Capital notes, On May 24, it held a conference call with Matt Carter, president of the Sprint 4G group, and Iyad Tarazi, vice president of network development and engineering. Firm came away from the call encouraged by on multiple fronts including the co's 4G network strategy and potential to lower its cost structure and churn-a major investor focus. Pre-registrations for the HTC EVO 4G device are the highest for any device in the co's history and Sprint is "more pleased" with the ratio of new prospects, particularly from existing iPhone customers. FBR estimates close to 1 mln registrations to date and a 70% to 75% upgrade ratio, which is encouraging.
this is from Briefing.com
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