With the news that Sprint has agreed to buy $20 billion worth of Apple iPhones, and with Sprint having a market capitalization of about $6 billion, speculation will begin that it is well within Apple's potential to simply buy all of Sprint.
That would cause Apple enormous channel conflict of course. In fact, Apple would not avoid much channel conflict even if it opted to create "iNet" using wholesale capacity leased from Sprint.
Would Apple Buy Sprint?
Monday, October 3, 2011
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