The Wall Street Journal’s Joann Lublin and Spencer Ante this afternoon report that Sprint-Nextel (S) agreed in advance to purchase 30.5 million units of Apple’s (AAPL) iPhone in order to win the right to carry the device, citing multiple anonymous sources.
The authors say that amounts to a commitment on Sprint’s part of $20 billion over the course of four years.
Apple is expected to unveil the next iPhone at an event at its headquarters tomorrow morning, and Sprint is widely expected to start carrying the device for the first time.
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