“After grabbing the spotlight by signing shock jock Howard Stern and launching a palm-sized portable device, hopes are high for satellite radio companies, which are expected to show off navigational, video and recording capabilities next month. XM Satellite Radio Holdings and rival Sirius Satellite Radio Inc. have amassed nearly 4 million subscribers collectively. Expectations for growth are high, with Sirius stock up by triple digits since it nabbed Stern and hired radio veteran Mel Karmazin as its CEO,” Reuters reports.
“Rumors that Sirius and Apple Computer Inc. were going to announce next month at the Consumer Electronics Show or MacWorld a deal to bundle iPods with satellite radio have added to the sector’s buzz. Sirius and Apple declined comment on the rumors, but analysts said it seemed technologically unfeasible right now,” Reuters reports. “‘I don’t believe Sirius’ chip set is at the point where it can go into an iPod. It’s the size of a credit card, and an iPod would need a chip set the size of a thumb nail,’ said April Horace, a Janco Partners analyst. That’s not to say the industry is not thinking about it. After launching its wearable MyFi device in October, XM chief executive Hugh Panero said he believed one day a portable satellite player would be combined with a device like an iPod.”
Full article here.
Related MacDailyNews articles:
Non-Apple news: Howard Stern signs deal with SIRIUS satellite radio – October 06, 2004
RUMOR: Apple to add SIRIUS Satellite Radio (and Howard Stern) to iPod in mid-2005 – December 10, 2004