whoa, $10 is a way too high of a guess IMO. I too honestly believe siri will be bought out this year but not at that price. There are simply too many shares outstanding. That should be easily seen and understood. I do think they will be bought out at a price all shareholders will be happy with. Maybe a $1 over what the current price will be much later this year. I like the new revenue streams they have (advertising, possibly a small cut when a user buys a song directly from the online player, etc...). There is also the possibility that once Liberty buys out SIRI that they will take the service worldwide.
Will sirius xm finally merge with Canada to be one entity like Sirius/XM? What about sirius 2.0 that will be rolling out later this year? Data, video, more storage, gps, etc....I am very excited about 2.0 not only as an investor, but more as a customer! How cool would it be to hear a song and then be able to listen to the rest of the album? Not sure they have enough bandwidth to do that, but way cool if possible. I have been a sub since 2004 and absolutely love the service.
I also anticipate sirius to increase the subscription price a buck or two once the freeze ends. That will be HUGE for them. I don't think many people will cancel over a couple of bucks. Do the math...20 million subscribers that will pay 1 or 2 more bucks a month. HUGE! AT two bucks a month that's almost a 1/2 billion more in revenue per year...
To all the posters, do you think SIRI will receive revenue if people buy songs from amazon or itunes via the online player? I am sure they will but would like to hear others opinions.
Enjoy this wonderful Sunday!!
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