Leap Wireless Is Stuck With Heaps Of iPhones In Its Inventory

The iPhone has proven itself to be one of the more desirable smartphones out there in the market ever since the first iteration of the iPhone was unveiled to the world in 2007 – which means it would nearly be half a dozen years that the iPhone is commercially available this year, how time flies. Having said that, most carriers would love to have the iPhone as part of their portfolio of devices considering what a hot ticket item it is, but folks over at Leap Wireless (who operate Cricket Wireless) beg to differ, and could see the iPhone as a bane rather than boon.

Thing is, Leap Wireless mentioned to the Wall Street Journal that they still have quite a sizeable inventory of iPhones left, and are on track to sell just half the amount of iPhones it had committed to selling in its first year contract with Apple. Should the figure remain very close to where it is at the moment, this would mean that Leap Wireless will end up with approximately $100 million worth of unsold iPhones. Hey, if you’re looking for a new iPhone, you might want to hit up Cricket Wireless to help them out of this rotten predicament.

Edwin Kee
Categories: Apple, Cellphones
Tags: Apple Inc, iPhone