June 2011 auto sales are in and the good news is that the numbers are great news for Sirius XM Satellite Radio (NASDAQ:SIRI). The bad news is that sales were slightly weaker than a bad May, and the SAAR (Seasonally Adjusted Annualized Rate) came in at only 11.4… → Read More
Ford Kicks Off June Auto Sales With Good Numbers
While all of the news surrounding June auto sales will not be known for another day, Ford (NYSE:F) has gotten the ball rolling with some positive results. The company announced sales of 194,114 units, up 14% from last year, and above the 192,000 sold last month. For Ford… → Read More
Smartphone Sales Hit Key Sales Figure – What It Means For Sirius XM
Smartphone sales have hit A key milestone according to Neilsen. The company reported that in the last three months smartphones accounted for 55% of phones sold compared to 34% last year. The brisk sales of smartphones has led to a total penetration of 38% of the marketplace. Simply… → Read More
Sirius XM Wins Over $2,000,000 In Lawsuit – Legal Update
When is having money embezzled from you a profitable venture? When you get Treble Damages. That is exactly what happened on June 27th when Sirius XM won a default judgement in their suit against two former employees that embezzled $714,631 dollars from them. The two former employees, identified… → Read More
Slacker Doubles Listeners With AOL Partnership
Today AOL Music announced that Slacker will now exclusively power AOL Radio and will offer a new radio experience with fewer ads, new personalization features, and premium subscription offerings. The new Slacker backed service will deliver three product tiers to users: the free AOL Radio service as well… → Read More
Should Sirius XM Stream Concerts By Partnering With Liberty’s Live Nation?
Ever since Liberty Media took a stake in Sirius XM Radio (NASDAQ:SIRI), people have been looking for “synergies” between some of the Liberty Media (LCAPA) holdings and the satellite radio provider. While such synergies may seem natural, there are many moving parts to these types of deals, and… → Read More
Best Buy Headed To The Cloud – Are Clouds Better Than Satellites?
Amazon has their Cloud, as does Apple and Google. Now Best Buy is looking to enter the cloud as well. With all of this news about cloud based services, and all of the hype surrounding them, a natural question might be whether or not these services will impact… → Read More
Sirius XM Makes Huge Announcement In Used Car Segment
The announcement made by Sirius XM Satellite Radio (NASDAQ:SIRI) is likely much bigger than their headline indicates, and much bigger than many investors even realize.This is not a “Certified Pre-Owned” deal, nor is it relegated to one brand. What Sirius XM announced was that more than 1,000 General… → Read More
Is The Combination of Pandora and iHeartRadio a Threat to Sirius XM?
Pandora (NYSE:P) has now gone public and the comparisons between the Internet Radio provider and Sirius XM (NASDAQ:SIRI) have moved to a brand new level. The comparisons are warranted, as audio entertainment is an evolving medium that now includes streaming music through the Internet. This truth is undeniable… → Read More
Pandora IPO A Success?
The trading day is almost over, and already the Pandora (NYSE:P) IPO will be viewed as a success by some, and a failure by others even before the ticker tapes from a day of trading get swept up. I can already see the debates raging on as Pandora… → Read More
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