Originally Posted by
john
Well I said I would update my projections as data came in and Edmonds just came out with a May estimate of 1,080,000 OEMs sold. If that holds then you can expect SIRIXM will have at least 245,000 new subscribers for this quarter so far with June do go. Since June is usually better then May or April I think it is safe to say that they should have at least 100,000 in that month. That means that they will have about 500,000 new sub adds in the first half of the year. I think this is why Mel was forced to give a revised projection so early it would have just looked foolish to change a yearly projection after you already passed it and still had half a year left to go.
As a caution: First if those projections are correct the rest of the metrics will pay the price for the exrta cost of all those extra subs. Second, the 3rd quarter OEM sales are not usually all that great and so dont expect them to bust the sub number that much.