With Apple and Sprint struggling with their own operations and having stocks near their 52-lows, increased assistance from these companies seems unlikely. And with the investing public excessively skeptical about Internet companies, similar financing opportunities are even more improbable. EarthLink is in a very precarious position. The company's core business is faltering. Its emerging segments are troubled.
High costs continue to be amassed.
Cash reserves are eroding. ISPs are going out of business by the dozens. The economy is slowing. PC unit growth is too. EarthLink faces more trouble in the next few weeks.