[BC] and now, more trouble...

Robert Meuser Robertm
Thu Jul 28 15:11:54 CDT 2005


The financial press says the XM break even is 5.5 million subs. I am not 
sure what math they applied.

R



Tom Bosscher wrote:

> Bill Sepmeier wrote:
>     Hey Bill, I'm just a high school graduate, but here is what I see:
>
>>
>> XM's loss narrowed to $146.6 million, ... (per quarter)
>> Revenue totaled $125.5 million,   (per quarter)
>> its total users to 4.4 million
>
>
> To my math, they need ~ 146 million more per quarter to break even right?
>
> 12.95/month times three months equals $ 38.85.
>
>     Divide $ 38.85 into 146 million, comes to about 3.75 million subs. 
> So they now have to almost double, thats double the number of subs, 
> just to break even. Not counting paying back the investors.
>
>     And my biggest question, are these numbers the total "ACTIVE' 
> money paying subscribers? When the VP turns in his leased vehicle, and 
> the auction buyer does not opt in for satellite, is that number 
> dropped from the count? (I'm sure they are adding his new lease as a 
> new sub, but he is not really).
>
>
>     Just a high school putz
>
>     tom bosscher
>
>
>
>
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