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Old 12-18-2006, 09:43 PM   #16
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Originally Posted by SISO
I don't think the satellite radio industry is in trouble, some of the numbers are misleading because last year was AMAZING because of Stern. That just isn't gonna happen again. For some reason Sirius thought it was with their predictions.
I had to read this twice to make sure of what you said. Did you smoke a bong or are you kidding ? Iraq must look pretty rosy too eh ?

It's the shits Buddy. 22-24% annualized base churn rate. 52% OEM uptake projected to go to 44 % in three years. 26% OEM installs after 4-5 years. 600-700 million in combined losses annualized. PPS off 40-50 % in the last 12 months. Retail reported near flat to 2004 levels, OEM just a littler higher at 2005 rates. Pundits calling for merger to stem losses, and you really think the industry is okay ?
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Old 12-18-2006, 09:55 PM   #17
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Quote:
Originally Posted by Whiskerbiscuit
I had to read this twice to make sure of what you said. Did you smoke a bong or are you kidding ? Iraq must look pretty rosy too eh ?

It's the shits Buddy. 22-24% annualized base churn rate. 52% OEM uptake projected to go to 44 % in three years. 26% OEM installs after 4-5 years. 600-700 million in combined losses annualized. PPS off 40-50 % in the last 12 months. Retail reported near flat to 2004 levels, OEM just a littler higher at 2005 rates. Pundits calling for merger to stem losses, and you really think the industry is okay ?
It may not be ok at this time, but it's not in trouble IMO. I have some faith in the industry and even if things get to bad Sirius and/or XM will be bought out.

You on the other hand make it sound like the apocolypse is coming.
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