This is what you'd call a good/bad for Sprint. The Good: Sprint added nearly 1.3 million net subscribers in the third quarter. Most of those, however, were prepaid (485,000) or wholesale or affiliate (835,000) subscribers. Some 304,000 of the subscribers were of the postpaid variety.

And now the Bad: Operating income was at $208 million -- down some $301 million.

This comes, of course, along with the launch of the Samsung Conquer 4G, Motorola Photon 4G and the Samsung Galaxy S II Sprint Epic 4G Touch, plus the Samsung Transform Ultra on Boost Mobile, and the Motorola Triumph and LG Optimus Slider on Virgin Mobile.

The big question is what will happen now that Sprint has the iPhone. Certainly it can't hurt, right?