Sprint Nextel Corp. will begin selling the iPhone 5 in mid-October, people familiar with the matter said, closing a huge hole in the No. 3 U.S. carrier's lineup and giving Apple Inc. another channel for selling its popular phone.
The timing, however, indicates Apple's new iPhone will hit the market later than expected and too late to contribute to sales in the company's fiscal fourth quarter, which ends in September. Most observers had expected the device to arrive next month.
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