Dan Hesse

Sprint CEO says they'll make money on the iPhone... in 2015

During their annual shareholders meeting, Sprint CEO Dan Hesse said they're very happy with the iPhone, but admitted that it won't be profitable for the company until 2015. Sounds crazy, but Hesse says they're taking the long view, since offering the iPhone will stem the exodus of users going to other carriers just to get their hands on Apple's smartphone.

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Sprint CEO cuts his bonus by $3.5 million after shareholders complain about iPhone costs

According to P.T. Barnum, no one ever went broke overestimating the stupidity of the American public. Sprint CEO, Dan Hesse, however, is going to lose $3.5 million for underestimating the stupidity of his shareholders. This, after Sprint was rumored to have broken their piggy bank wide open by agreeing to buy 30.5 million iPhones from Apple for a whopping $15 billion over the next four years.

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Sprint CEOh-Snap: Comparing Palm Pre to iPhone is "like comparing someone to Michael Jordan"

Sprint CEO Dan Hesse was put on Charlie Rose's hot seat and asked the pointed question: "Is the Palm Pre making a dent into the iPhone market?"

Hesse's response?

Aaah... It's-it's doing well, but you can almost put the iPhone, to be fair, in a separate category. The Apple brand and that device have done so well, it's almost not... it's like comparing someone to Michael Jordan.

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