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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)
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To: Sirius_Rich who wrote (2655)7/6/2006 2:18:51 PM
From: i-node  Read Replies (1) of 3386
 
The satellite radio industry added 1M subs in Q2. Same as last Q2. Even after Sirius spent 3/4 billion on Stern.

More than just XM disappoints. The satellite radio industry disappointed. If you take away SIRI's parking lot subscribers, account for the difference in churn for the two subscriber bases, and other minor differences in subscriber accounting, they each added about the same number of subscribers.

And it isn't the kind of growth either of us would have expected before the fact.

The only thing that is going to help at this point is OEMs pouring on the coal, and who knows whether that is apt to happen. For either.
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