iPhone sales at Leap Wireless are half of what was forecast
Leap Wireless, which operates Cricket Wireless, told the Wall Street Journal that it's sluggishly behind in its prepaid iPhone sales. In fact, by the time the carrier completes its yearlong contract with Apple in June, it will most likely have sold only half of the iPhones it committed to sell.
This is bad news for both Leap and Apple. For Leap, the company will be in the hole for around $100 million worth of unsold iPhones, according to the Wall Street Journal; and it doesn't bode well for Apple either, as the company partners with prepaid carriers in … Read more