The Wall Street Journal reported that Sprint has ordered a total of 30.5 million iPhones for the next four years, making a total commitment of $20 billion. Then later today, the deal reportedly will mean an iPhone 5 exclusive for Sprint.
According to the Wall Street Journal, Sprint CEO Dan Hesse told Sprint's board that Sprint will lose money on the iPhone deal until 2014. When Sprint releases the iPhone, it will subsidize each iPhone which costs $500 per unit.
This afternoon, BGR reported that the deal will make Sprint the iPhone 5 exclusive seller and the iPhone 5 will be a 4G WiMAX capable iPhone. AT&T and Verizon will launch the iPhone 4S and have to wait to sell the iPhone 5 until next year in the first quarter.
Expected features of the iPhone 4 S are low voltage A5 processor, 8MP (1080p HD video-capable), world phone spectrum support, NFC and metal or premium plastic back case.
Suspected specs of the iPhone 5 are a faster processor, 4" NOVA touchscreen, 1GB RAM, larger battery, 32GB storage and dedicated voice command Assistant button.
There will be many rumors about the iPhone 5 and 4S until we learn what Apple announces tomorrow.