All this supposed competition in the car/mobile entertainment sector is very good for the consumers. But it is only a facade and keeps the feds off Sirius's back for being a monopoly. Without Pandora, Apple Radio, Spoify, Iheart, Milk, Google Radio, and now Amazon Prime Music posing themselves as threat to Sirius/XM the company will not be able to maintain current monopoly of the situation.
Yes, it seems like a crazy statement, oxymoron, and ironic to state that Sirius is a monopoly with so much choices out there but the whole industry is missing the point.
Music or other many content provided (although content is important) by Sirius/XM is not the reason Sirus/XM is a monopoly. The monopoly lies in the fact that delivery of digital data is done by satellites directly to any moving or stationary vehicle. Direct satellite feed. No LTE, no WiFi, no using up precious gigabytes allowed monthly, and always on structure.
That is the monopoly that separates Sirius/XM from all else. And that is the key for success.
No forgetting to take phone to your car, no charging your phone once in the car, no turning on the bluetooth you turned off to save battery, no searching for the icon to open the app, no waiting around for your car to sync with the phone, no tapping around to turn on your favorite station, no fumbling around with charger/wire/phone holder, no unhooking everything and setting your bluetooth off when you arrive at your destination, the list goes on and on.
No matter how great the content, no matter how easy it is to set up the sync, no matter how cheap gigabytes of data used.....there is no way of going around the hassle of setting up your phone. One step, just one step beyond turning on the engine of your car is one step too many to have audio entertainment start in your car.
It is a monopoly and Sirius/XM needs all these other online providers to maintain its monopoly status. Truly ironic in that the very company Google, Apple, Pandora, and etc are tr
Never buy a car without Sirius/XM.
Never buy a car that requires you to sync with your phone to get audio.
SIRI is here to stay. Syncing your phone to car is a DOOMED scenario. Most people don't even sync to get phone calls. The "sync" concept is not going to work. The only thing that's going to "sink" is their stock price...Pandora.
SIRI to $100.
Strong Buy Too Too Tooooooooooooooooo Strong!!!
I have been vested in SIRI since 2001. I chose Sirius over XM back then (although I wish I would have bought a little of both) nonetheless, I have bought on the dips and never feared when it was down for the count and will continue to buy. I see SXM making a pretty substantial move sometime in the near future because of the buy backs. I see 100 a share in 12 to 15 years.
With regard to SIRI being a monopoly; I do agree! It's a hidden gem and the people in the know love SIRIUS. Just sayin ;-}
Sentiment: Strong Buy
I agree to a certain extent. I've been invested in this stock since 2005. No plans to sell any time in the near future. I will buy on any significant dips/stock price takedowns.... I've come to realize that SIRI is a "loved" stock by traders - hence the volatility in stock price. The fact remains... the SATELLITE RADIO BUSINESS is STRONG...and appears it will be for years to come (i.e. Ford/Chrysler announcements last week). I believe SIRIXM will be a STAPLE in the automobile. People love the content and ease of use....I know I do.
SIRI is a monopoly in some regards....quite a "moat" for coast to coast satellite radio coverage in the car along with unparalleled radio CONTENT (not just music!).
I'm quite happily invested in SIRI....
Sentiment: Strong Buy
trying to take down is being maintained and supported by their efforts.
The key to success lies not in music or content. Anyone can provide that with deals and contracts. The real key is just like the air you breathe. Always on and always available. No need to take any gadget to your car. No need to do anything other than just go to your car, get in, and turn on your engine. And if you like change the channel. Anything more, even thinking about taking your phone to your car to listen to audio, is one step too many. A hassle.
Sirius will succeed based on its mode of delivery and simplicity. Period.
Sirius to $100 per share.