Originally Posted by
john
Ok the final OEM numbers are out and I said I would update as they came in. So, While I was hoping for a little better June OEM sales numbers, I still see between 300,000 and 330,000 new net subs for this quarter.
The breakdown (as I see it)
April = 85,000 net subs
May = 150,000 net subs
June = 85,000 net subs
I will remind you that:
Those numbers include a NORMAL all-in churn of just over 500,000 per month (included in that 500,000 number are any losses from retail and used OEMs).
They do not include ANY NEW retail OR used OEMs.
Fathers Day, will help retail this quarter.
So if anything I believe I will be a little low if churn holds steady to what the normal has been.
Churn should be lower due to the fact they got less subs in 1st and 2nd quarter of last year. So the same gos the less subs the year before the less contracts that come up for renewal a year later.
Last quarter they had about 885,000 OEMs sold per month and still had 170,000 new net subs. This quarter they got about 1,000,000 per month. That is about 300,000 more OEMs sold (300,000 X .6 = 180,000). So from that you could say 170,000 + 180,000 = 350,000.