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Report: Sprint Will Get iPhone 5...Exclusively

 & Sara Yin Junior software analyst

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After reporting iPhone 5 rumors for 15 months now, we thought we'd seen them all: bigger, thinner, thicker, faster, cheaper, buttonless, the list goes on.

Then on Monday the wildest one appeared on our radar: Boy Genius Report's Jonathan Geller reports that Sprint will get the iPhone 5 months ahead of AT&T or Verizon, and as a 4G WiMAX device.

"I have been told that Sprint will be getting the iPhone 5—yes the real iPhone 5, not the iPhone 4S—as an exclusive. And it will be a 4G WiMAX device. AT&T and Verizon would launch the iPhone 4S and get the iPhone 5 some time in the first quarter of next year as an LTE device. Globally, the iPhone 5 might be available as a 4G HSPA+ device."

His story went live just minutes before the Wall Street Journal reported that Sprint has agreed to a four-year, $20 billion contract to purchase around 30 million iPhones.

Sprint would subsidize the cost of the iPhone by $500 in order to keep the price low; at current iPhone 4 prices, carriers pay Apple $655.73 for each unit. In other words, a subsidized Sprint iPhone 5 would cost around $150, $50 less than the $200 iPhone 4 devices from Verizon or AT&T.

Sprint CEO Dan Hesse also said Sprint won't break even until 2014, the Journal reports.

This is getting crazy. Or is it? See Could a Sprint iPhone Help Apple Battle Android? and Why Is There No Sprint iPhone? for more. PCMag will also be live-blogging tomorrow Apple's event so stay tuned for all the details.

Losing track of all the Apple iPhone 5 rumors? For more, see last week's top rumors as well as those from the week before and two weeks ago. Also check out What the iPhone 5 Might Look Like and Six Amazing Phone Technologies We Want in iPhone 5, as well as the 8 Likely iPhone 5 Rumors, and 2 Wild Ones slideshow below.

About Our Expert

Sara Yin

Sara Yin

Junior software analyst

Sara Yin is a junior analyst in the Software, Internet, and Networking group at PCmag.com, pouring most of her energy into app testing and security matters at Security Watch with Neil Rubenking. She lies awake at night pondering the state of mobile security (half-true). Prior to joining PCMag.com, Sara spent five years reporting for publications in New York City (Huffington Post), Hong Kong (South China Morning Post), and Singapore (Campaign Asia, Men's Health). Follow her on Twitter at @SecurityWatch and @sarapyin, or contact her the old school way: email. That's sara_yin AT pcmag.com.

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