But they won't they are still losing money.
HBO on the other hand doesn't require any special hardware ONLY for it. Everyone has a cable or sat box already (and they generally get it free).
Also HBO's content is almost 100% EXCLUSIVE. What's exclusive about SiXM? Howard? Oprah?
Most people just want commercial free music. For that, there are 100's of other, cheaper, easier ways.
FYI, iPhone works on 3G/Edge, not just WiFi. And many things buffer ahead.
What's that I'm hearing? Oh it's the sound of my Sat Radio going out as I drive under my beautiful tree covered street!!!!! Crappy technology.
By your logic HBO could not exist.
... The fact of the matter is that a lot of people pay for premium content and service. Besides, last I checked, WIFI does not extend to the highway.
And: comparing the (suggested) 6% growth, to the debts interest ... is just stupid. Serius owes a few billion .. so what? If they hit the $500 million ebitda at current sub numbers I think they can pay off their debt in a reasonable time frame.
I'll make a $10k sidebet with you if you want… but this is a turd.
And no one will pay $120 to make an iPhone into an XM radio. There are FREE options already for music on the phone without any extra crap. $49 might get some buyers. $120 is WAY too much.
I know you're trying to protect your investment by telling lies, but you sound as desperate as Republicans claiming Obama wants to kill senior citizens with this new health plan.
LOL... can you read? You are reporting BAD NEWS... not good news.
"Satellite radio, which gets most of its revenues from subscriptions, rather than advertising, is projected to continue growing, but at only a CAGR of 6.7%, since Rutherfurd sees it reaching market saturation. That would take Sirius XM revenues (since it is now the only player, post-merger) from $2.3 billion in 2008 to $3.2 billion in 2013."
Growth rate of 6% is anemic.
And no need to "BUMP" - no one cares.