Originally Posted by
john
Subs will be one of the only metrics that wont be bad in the 3rd quarter as they were in the 1st or 2nd quarter. Almost all the rest of the metrics will be worse though. Reason why is simple, first subs cost to get. we all know that the 1st and 2nd quarters they did not get that many as they have in the 3rd. On top of that they will have the normal (for the 3rd quarter) added cost of all the radios and chipsets/subsidies for the 4th quarter that they pay for in advance. Like I said look at the years prior the 3rd quarter has always been terrible for most of the metrics compared to the rest. The FCF was one of the biggest drags yet it all comes out in the wash in the end because the 4th quarter always makes up for the third quarter. As stated before look at SIRI in 2007, even though the 3rd quarter had a really negitive drag on FCF, the 4th quarter had enough to not only be positive for that quarter but when the extra was take from the 4th quarter to the third it made them positive for FCF for half of the year (3rd and 4th quarter).