Sprint to begin selling iPhone5 in mid-October

For the first few years after the release of the first iPhone, AT&T was the only official carrier in America. Now that Verizon has become the frist CDMA carrier to offer the iPhone, we knew it wouldn't be long until Sprint hopped on the bandwagon. Reliable sources have announced that Sprint will begin carrying the iPhone5 in mid-october.

Sprint Nextel Corp. will begin selling the new version of the Apple iPhone in mid-October, people familiar with the matter said, filling a huge hole in the No. 3 U.S. carrier's lineup and giving Apple Inc. another sales channel for its popular gadget.

The timing, however, indicates Apple's new iPhone, which is expected to be called iPhone 5, will hit the market later than expected and too late to contribute to sales in Apple's fiscal fourth quarter, which ends in September. Most observers had expected the device to arrive next month.

Sprint will get both the new iPhone 5 and the iPhone 4 but it's unclear just how many new subscribers Sprint will be able to reel in come this fall, MarketWatch's Dan Gallagher reports on Markets Hub.

[Via WSJ Online]