This is just a competitive market. It depends on hardware, innovative radios, and content that has a certain seasonal nature to it.
More Quotes from Hugh Panero:
I would like to avoid having these kinds of letters show up two days before our earnings call, but that's the journey we're on right now.Hugh Panero
For the first time ever, you can listen to XM live and play your MP3s on a single, handheld device. This is a major milestone for both satellite radio and MP3, and it promises to fundamentally change the way people enjoy their music. For music fans, these products from Pioneer and Samsung offer the very best of both worlds XM and MP3 on the go.
Hugh Panero
Time will tell whether that is a deal that is going to make sense for my competitor or simply make sense for Howard Stern.
Hugh Panero
We are thrilled about the National Hockey League's decision to partner with XM Satellite Radio, ... The clear winners of this partnership are the millions of hockey fans in the U.S. and in Canada who are incredibly passionate about their favorite NHL team and who will now be able to follow them regardless of where they call home.
Hugh Panero
XM added a record number of new subscribers in 2005, representing 84 percent growth over prior year ending subscribers. We have more than six million subscribers today, and we expect to reach more than nine million subscribers by the end of 2006.
Hugh Panero
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