The guidance (for 2010) was very positive for both long term subscriber trends and for profitability implying roughly 19 to 20 million subscribers. This is likely to be significantly above consensus expectations, and confirms our belief in the strong cash generation ability of the satellite radio platform.
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The resignation carries obvious headline risk -- the stock is down heavily. But (it) does not mean that the strategy chosen by XM management is incorrect.Craig Moffett
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Ratings are strong, which is good for advertising, but it is being offset by the renegotiation of affiliate fees.
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Despite the best efforts of the F.C.C. to create competition, after the bubble burst, there weren't any competitive alternative to the Bells. Now that the cable operators are able to offer voice service to complement their high-speed data, commercial services are a cherry waiting to be picked.
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