Beyond that, we’re currently in the process of talking to our OEM partners and retail partners about product, so I really don’t want to go into anymore detail prior to us discussing it with them.”Įffectively, Karmazin just started a small fire that will grow over each passing quarter until August of next year when they preview their new line-up for the Holiday shopping season. “…it’s going to provide for us to have more capacity, which would mean more channels and more offering as well as more functionality as well. Karmazin’s response gave a couple of hints but was still cryptic.
Analyst Barton Crockett of Lazard Capital was the first person up in the Q&A session, and he did what everyone wanted by asking for more flavor on Satellite Radio 2.0. Well, at this point all anyone, including myself, can do is speculate. So what exactly is Satellite Radio 2.0? That seems to be the burning question of many, and my email inbox lit up with people wanting to know more. There will not be any significant increase in our costs, to bring these radios to consumers and we expect to have the first Satellite Radio 2.0 products in retail stores by the holiday season in the fourth quarter of 2011. Our next generation of satellite radios are expected to offer significantly more choices for the consumer and contain functionality that does not exist today in our radios. While we have been reducing costs and making the organization more efficient. Satellite radio was a great example of that innovation and Satellite Radio 2.0 where we believe take it to a new level. Sirius XM is very committed to continue to innovate. No one was expecting anything new in terms of hardware to be discussed in the call today and what Sirius XM CEO Mel Karmazin did was give everyone a glimmer of something even better on the horizon. The term “Satellite Radio 2.0” came out of nowhere today in Sirius XM’s conference call regarding their financial results for the second quarter of 2010.
0 kommentar(er)
