Sprint adds 1.3 million subscribers, loss of $310 million in income

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.

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