2Q06 Better for SIRIUS then XM?!?!?

Thursday, July 06, 2006

RBC analyst David Bank is estimating weaker subscriber additions for XM Satellite Radio for the second quarter. According to Forbes, the street expects additions of 420,000 to 440,000 subscribers in the second quarter, versus Bank's estimate of 420,000 XM subscribers.

By contrast, Bank is estimating a whopping 589,000 subscribers in the second quarter for Sirius.

Bank figures that XM's estimated weakness is caused by lower promotional activity and inventory issues caused by the recent FCC regulatory issues. Time will only tell how much these factors actually affected retail sales.

XM has just announced the REAL numbers for 2Q06:
....they have added 398,000 new subscribers for the second quarter of 2006, bringing the total amount of XM subscribers to 6.89 million. This is quite a bit lower than many analysts estimated. Orbitcast.com points out during Q106, XM added 568,000 subscribers.

Get more via Forbes.com and Orbitcast.com

0 Comments:

Post a Comment

<< Home

Get Around GSI

GSI: Blog Home
GSI: Home
EMAIL/SEND SIRIUS TIPS

Inside SIRIUS Alliance

TSS Radio

Sirius radios, sirius antennas, sirius accessories

SIRIUS Stock Watch

The Coffee Fool

About GSI

We are 100% independent from SIRIUS, unlike other SIRIUS related pages, who have agreements and arrangements with SIRIUS. We do not sell SIRIUS related products and thus we do not worry about any business relationship with SIRIUS. GSI: is a not for profit blog, we do not do this for money like others; with do it out of love for the product. *Some GSI team members are SIRIUS shareholders

Archives

07/01/2005 - 08/01/2005 08/01/2005 - 09/01/2005 09/01/2005 - 10/01/2005 10/01/2005 - 11/01/2005 11/01/2005 - 12/01/2005 12/01/2005 - 01/01/2006 01/01/2006 - 02/01/2006 02/01/2006 - 03/01/2006 03/01/2006 - 04/01/2006 04/01/2006 - 05/01/2006 05/01/2006 - 06/01/2006 06/01/2006 - 07/01/2006 07/01/2006 - 08/01/2006 08/01/2006 - 09/01/2006 09/01/2006 - 10/01/2006 10/01/2006 - 11/01/2006 01/01/2007 - 02/01/2007 02/01/2007 - 03/01/2007 10/01/2007 - 11/01/2007

TSS Radio

Sirius radios, sirius antennas, sirius accessories

Powered By