Is the New iTunes Sirius App a Sign of Things to Come?

Sirius XM’s (SIRI) annual shareholders meeting will take place Wednesday. Investors are anxiously waiting for news on the long awaited partnership with Apple (AAPL) and any details that will be forthcoming.

Up until now, speculation has been that Sirius XM would wait until early June to introduce its new iPhone and iPod application. Investors need wait no more, for the day is finally here!

One of the newest and most popular Sirius XM Radio channels is Doctor Radio which can be heard 24 hours a day/7 days a week on Sirius and XM.

An alert Satwaves reader has sent in this link which links to Apple’s iTunes store. The application is described as:

‘Reach MD Medical Radio delivers world class medical content directly from Reach MD, the leader in medical education and information for medical professionals. All of the programming is broadcast on their exclusive Sirius XM channel 160…”

The application offers listeners the ability to listen to a live stream of EXCLUSIVE content (a point Satwaves has been driving for weeks now) and access to over 5000 podcasts as well.

What is most interesting is that this application seems to not be part of a single Sirius XM application, but rather as exclusive content to Apple!

Is this a sign of things to come? This one application signals a larger scale partnership with Apple rather than a simple iPhone application that has been speculated. Sirius investors may need a doctor from the shock they may be about to experience.

Position: Long SIRI

Comments

[underway:]

Hey Brandon, I am a big supporter of S-XM, but your article seems a bit over the top. A 'partnership' with Apple? While you could point to Websters and say that any type of relationship between two entitities is a form of partnership, in the biz world, suggesting a partnership between Apple and S-XM is really overreaching. As of now, the only relationship that has been publicly discussed is an iPhone app which S-XM will submit to Apple for the iPhone app store, joining thousands of such apps. All those app developers/companies are 'partners' I guess. Now, perhaps you have the inside scoop, and Apple will indeed ACTIVELY co-promote S-XM programming. That would indeed be a welcomed partnership. Will that happen? Beats me. And, that bit about the doctor program.....that sounds like Apple and S-XM each have a licensing agreement with the content provider. I think you are over stating the reality here.

May 26 08:49 AM

[KMC:]

underway,
All you have to do is read the "Postion: Long SIRI" to understand why this article is so biased towards SIRI. I don't understand how Seeking Alpha can even be remotely considered a legitimate place to get financial news (at least about SIRI). All of the SIRI articles are massively biased. What they do should be illegal.

I am a big satrad fan and hope S-XM succeeds. However, you have to be blind not to see that any SIRI article from Seeking Alpha is completely void of any usefly information or insight.
KMC

May 26 10:11 AM

[Satwaves:]

appshopper.com/medical...

May 26 10:15 AM

[Satwaves:]

“In May, ReachMD expects to have another iPhone app on the market that enables access to all of its XM Satellite Radio station’s content, not just the CME content. During the week ReachMD broadcasts talk radio style conversations about news and trends of interest to the medical industry. This content typically takes the format of doctors discussing issues with doctors, which the company describes as easy listening for physicians.”

IT’S NEW BABY!!!!!!!!!!!!!!!!!!...

mobihealthnews.com/127.../

May 26 10:17 AM

[User 321:]

I thought this i phone app wasn't going to happen. Thats all I read last week,is this true?

May 26 10:29 AM

[another new...:]

Bankruptcy is a sign of things to come.
People dont want satellite radio.

May 26 10:32 AM

[User 321:]

Hey .Another Screen Name......Do you Short Sell???? Sounds like it to me. Every post you make is bashing Siri.Trying to drive the price down??? What would you care anyway,unless you have nothing better to do than look at a Stock that you have no money invested in and obviously don't care about. Go to work.

May 26 10:51 AM

[iwantaiphone:]

I want to try out the new version. Can someone update interactiveiphone.com so I can use it. I tried going to the App Store but I couldn't figure out how to update the app.

May 26 10:53 AM

[Hawk180:]

He has just changed his name. Until lst week, his screen name was Floorhomo. Same message.
I agree, I think he is trying to short sell, so he bashes the stock trying to drive the price down. If he is not invested, then why does he care what others think or if they invest. I'm in for the long term.


On May 26 10:51 AM 123455 wrote:

> Hey .Another Screen Name......Do you Short Sell???? Sounds like it
> to me. Every post you make is bashing Siri.Trying to drive the price
> down??? What would you care anyway,unless you have nothing better
> to do than look at a Stock that you have no money invested in and
> obviously don't care about. Go to work.

May 26 11:36 AM

[thinkb4uwrite:]

Satellite radio will succeed when Sirius management understands that the service must have a zero-cost pathway for listeners who are satisfied with terrestrial radio to make a step toward satellite listening. However, there must be something that justifies the equipment expense for people to have a receiver installed in their car.

This will happen when a commercial tier of satellite service is made available to the public for free, and always free, just as terrestrial radio is. The programming on that tier must be of a high quality and variety to serve as an alternative to radio available in most terrestrial markets. Satellite news can be specially designed to satisfy to some degree, the hard-to duplicate local news of the terrestrial radio markets. This free service would draw new customers from the the huge pool of potential listeners who will install new SAT+FM+AM (+CD) receivers instead of simple FM AM(+CD) radios. The free tier would also carry advertising that promoted the quality and variety available to them at special intro subscrition rates, and thus serve to continually offer attractive subscription packages to people listening on the free tier. The free tier of programming only need be of slightly better quality and variety but with fewer commercial breaks than terrestrial radio to convey something of the experience of satellite listening.

This is their natural marketing path to drawing the customers necessary to survive. This service could work in conjunction with free trials offered to new vehicle owners. I believe this approach has always been needed and musty be in place as an incentive to bring terrestrial radio listeners a step closer to the quality and variety available on satellite.

May 26 12:09 PM

[User 419978:]

you guys are idiots...this means nothing. there are already two other apps in the app store that can stream sirius other than this POS. There is literally nothing exclusive with th app you describe. i can get all the content you're talking about on both of the other apps. you're an idiot.

May 26 01:11 PM

[between the...:]

Get ready for big things to happen at SIRI XM. People simply don't seem to understand that the negative catalyst of bankrupcy is off the table. Any good piece of news and SIRI takes off. Don't listen to me. Listen to the BIG MONEY that is pouring their money into SIRI's debt. Think that John Malone invests to lose money?

May 26 01:17 PM

[Mr. Stupid:]

Stock will be up BIG soon. Time to buy up all you can. At .34c this stock is ripe to double in the next month.

May 26 01:31 PM

[Mr. Stupid:]

I've notice the one's that bash this stock FOLLOW this stock religiously. Seems suspicious to me. Why would anyone follow a stock they didn't like??? HUH?

May 26 01:32 PM

[Mr. Stupid:]

You're not just an idiot 419978, you're angry AND an idiot. You must have bought at $2 and just irritable now.


On May 26 01:11 PM User 419978 wrote:

> you guys are idiots...this means nothing. there are already two other
> apps in the app store that can stream sirius other than this POS.
> There is literally nothing exclusive with th app you describe. i
> can get all the content you're talking about on both of the other
> apps. you're an idiot.

May 26 01:35 PM

[jmsithy:]

Well thats not true that people dont want this stock / this has hovered for 2 weeks after dropping to the same lvl where it was on April 16th of 2009 / after people like you short sold the stock / this will rise again / because if people didnt want it then this would be back at .15 right before the bankruptcy avoidance happened... look it up and see the trends I dont go off what people say here / only off of the main reports / if it made a difference what people post here or what Seeking Alpha spews out when it comes to certian things this stock would be at a 1.00 by now it is like Fools on how they bash the stock it is not real news


On May 26 12:53 PM another new screen name wrote:

>

May 26 02:02 PM

[between the...:]

Don't be bitter that the stock is no longer at .05. It is going up. With the refi, this now is a broken stock, NOT a broken company. We are looking at this price due to a complete fall off the cliff from autos. However, if SIRI finds some way (read smart phone apps) to relinquish itself from its tie to autos, this stock should go up more. Also, don't underestimate the power of an offer to buy the company in the stock price going up. Finally, don't underestimate the power of a new personality coming to the radio. I have heard rumblings throughout my research of this company that a Reallity Radio channel is in the works. Pure rumor, but I think it would be huge for this company. 100 million people voted on the last show of American Idol. Can you imagine the following that a Reality Radio channel would have.

May 26 02:27 PM

[between the...:]

Take a look at the supposed insider "sales". An automatic buy for 5 insiders occurred on 19 May. On 20 May the same 5 insiders sold only 10% of the recently acquired shares. This is simply their compensation. Huge insider selling, NOT!!! Get your facts straight "another new screen name." You should be removed for this abuse.

May 26 02:36 PM

[Mr. Stupid:]

A reality show that you can't view?????? I like Siri/XM but I don't think anyone will give a hoot about a reality show they can't watch. I can't even stand most reality shows on TV and I definetely don't think I would ever listen to one while driving my car. I like SiriXM for its music content. I can always rely on Siri to deliver the most up to date and live music. I just don't think the masses would care about a reality channel on satellite radio.


On May 26 02:27 PM between the hedges wrote:

> Don't be bitter that the stock is no longer at .05. It is going up.
> With the refi, this now is a broken stock, NOT a broken company.
> We are looking at this price due to a complete fall off the cliff
> from autos. However, if SIRI finds some way (read smart phone apps)
> to relinquish itself from its tie to autos, this stock should go
> up more. Also, don't underestimate the power of an offer to buy the
> company in the stock price going up. Finally, don't underestimate
> the power of a new personality coming to the radio. I have heard
> rumblings throughout my research of this company that a Reallity
> Radio channel is in the works. Pure rumor, but I think it would be
> huge for this company. 100 million people voted on the last show
> of American Idol. Can you imagine the following that a Reality Radio
> channel would have.

May 26 03:09 PM

[Paty:]

another new screen name, if you do not like what people write here, if you do not like SIRI stock what are you doing writhing about it and answering comments over an over……?? You do not have a job or something else to do?? Looking at your constant responses looks like you need to go to work, I am wondering why do you care so much about SIRI, can you just SHUT UP !!!!!

On May 26 10:32 AM another new screen name wrote:

> Bankruptcy is a sign of things to come.
> People dont want satellite radio.

May 26 03:21 PM

[between the...:]

Mr. S. Neither one of us are teenage girls. They'll listen to commentary on the contestants, shows, etc. SIRI could play contestant's pieces. They also can listen on trips, etc. If they just get 10 percent of the current voters on American Idol, that's 10 million people.

May 26 03:24 PM

[jmsithy:]

then who pays Montly fools then to bash??

All I am saying that these blog sites are not selling anyone especially the investor because if that was true like I said this stock would of been a 1.00 already / I only am sold when real articles come out from Dow Jones reports and other true to fact reports as well


On May 26 02:16 PM another new screen name wrote:

>

May 26 03:28 PM

[jmsithy:]

What I am amazed is how this stock can do so well at after hrs and pre trading / but the day traders want to make a quick buck even if it is at a constant .345 and .347 so I dont think its the company if this can trade after hrs over a penny each time

May 26 03:54 PM

[jmsithy:]

I think your record is skipping
PEOPLE DONT WANT IT
LET THAT SINK INTO YOUR HEAD

besides what does it matter to you what people invest in if they want to invest in garbage let them / your world is not coming to an end either way / but I bet it would if the stock goes up hypothetically speaking, because then you would need to retract every blog you have ever posted here with the term

PEOPLE DONT WANT IT
LET THAT SINK INTO YOUR HEAD

On May 26 03:54 PM another new screen name wrote:

>

May 26 04:33 PM

[jmsithy:]

I was not too surprise when WholesaleCD did not return after his wrong predictions of the stock being at .30 by Friday 1 week ago and down to .20 by now, but that is like How it is with the bashers and the poser investors how they think they know it all then when they are wrong where are they then.

May 26 04:39 PM

[between the...:]

Another Screen Name: Unless you are a billionaire media mogul like Mel Karmizan or John Malone, I would stick with your current job of being the court jester of this blog. Mr. Karmizan and Mr. Malone are going to make serious bucks for share holders of this stock in the long term. Direct TV is linked to ATT. Apple is linked to ATT. My prediction is that ATT buys Direct TV and in turn indirectly purchases SIRI, who Direct TV has a large stake. Think about who does the service for I Phone. Apple. SIRI and Direct TV are setting up for an ATT acquision and IPhone platform. This appears to be a no brainer to me. More to come.

May 26 06:15 PM

[between the...:]

Another Screen Name: Unless you are a billionaire media mogul like Mel Karmizan or John Malone, I would stick with your current job of being the court jester of this blog. Mr. Karmizan and Mr. Malone are going to make serious bucks for share holders of this stock in the long term. Direct TV is linked to ATT. Apple is linked to ATT. My prediction is that ATT buys Direct TV and in turn indirectly purchases SIRI, who Direct TV has a large stake. Think about who does the service for I Phone. Apple. SIRI and Direct TV are setting up for an ATT acquision and IPhone platform. This appears to be a no brainer to me. More to come.

May 26 06:15 PM

[jmsithy:]

Get ready for Tomorrow / big news will be out on Sirius XM with its shareholder meeting 9 am EDT New York time and that was the last time the stock jumped and this time I think it is going to be about the apps / This is coming from the streets report not a blog website / Thats what sells a stock

May 26 06:18 PM

[between the...:]

Don't forget about possible agreement with Direct TV to have channels on Direct TV. I have DISH and SIRI has channels on DISH. Could be another money maker for SIRI. A lot more customers. Same with I Phone. No brainer to add it on.

May 26 06:22 PM

[jmsithy:]

Sirius XM (SIRI Quote) may be worth watching, as the company will hold its annual shareholder meeting at 9 a.m. EDT in New York. The meeting will be the first since Liberty Media's $530 million loan infusion, which helped diffuse worries the satellite radio giant's debt load would force the company into bankruptcy.

At Sirius XM's last meeting, shareholders approved measures that allowed it to raise the number of shares outstanding from 4.5 billion shares to 8 billion shares. Shareholders also approved an amendment that permitted the board of directors to initiate a reverse stock split by a ratio of not less than 1-for-10 and not more than 1-for-50.

General Motors (GM Quote) will also be closely watched as the deadline for a GM bankruptcy filing nears. On Tuesday, shares rebounded sharply after several positive headlines for the company, including reports that the United Auto Workers union will own 17.5% of the automaker under an agreement that has been reached.
However, bondholders face a midnight deadline for an offer of a 10% stake in the restructured automaker in return for their $27 billion in debt. CNBC reported that the number of bondholders likely to accept was in the single digits, well below the 90% required for the deal to happen. If the offer is not accepted and the deadline is not extended, GM could file for bankruptcy court protection in the next few days.

double could be positive for Siri stock

May 26 06:26 PM

[VicBC:]

You don't seem to get that this is about selling content and not satellite radio.


On May 26 10:32 AM another new screen name wrote:

> Bankruptcy is a sign of things to come.
> People dont want satellite radio.

May 26 07:31 PM

[Neal Barkett:]

There is somebody besides me that believes in a free, commercial based format as the bottom tier of Sat Radio!!! I was starting to think I was the Maytag repair man. Thank You, thinkb4uwrite! Know there's 2 people in our camp, you & me. We are on a roll.

May 26 07:35 PM

[Mr. Stupid:]

new screen name: We all know you lost big bucks when Siri was at $2. It's not our fault you didn't sell. That's your motive for bashing. Don't be mad, get even. Buy it up now while it's cheap. Why would you be posting on here if you didn't care. You're not preaching anything to anyone. Just pure garbage from someone that's irritable and lonely. I feel for you since you will be lost again and be more irritable when this stock moves up because you didn't buy.

And no one wants it???? huh, tell that to the millions that subscribe. I bet they will tell you different.

Ok, you're just an idiot and I don't know why I wasted my time scolding a child.


On May 26 03:54 PM another new screen name wrote:

>

May 26 07:48 PM

[Adam Disty:]

Wow, its about time! my IPhone just became complete!

RT
real-anonymity.pro.tc

May 26 09:52 PM

[siriusaldo:]

www.reachmd.com/iphone...

May 26 09:58 PM

[siriusaldo:]

about time $$$$$$$$$$$$$$$$$$$$$$$$ siri long

www.reachmd.com/iphone...

May 26 10:01 PM

[Paty:]

Actually, you do not insult me, I must say that I made an uninformed decision and invested in SIRI when it went up to .52. I am about (-8k) negative at today and what can I do?? I did not pay attention to the stock and when I went back to look at it was too late to sell. So I must have some hope. My comments regarding your comments are because looks like you do not have anything else to do but to write negative things.


On May 26 03:41 PM another new screen name wrote:

>

May 26 11:20 PM

[Mr. Stupid:]

Watch tommorrow for some HUGE POSITIVE announcements coming from the Shareholders meeting. Liberty will have a lot of positive information on what to expect from their investment.

I bought 4000 more shares today. Yippppeeeee, here we go...

Frank

May 26 11:39 PM

[Mr. Stupid:]

Watch tommorrow for some HUGE POSITIVE announcements coming from the Shareholders meeting. Liberty will have a lot of positive information on what to expect from their investment.

I bought 4000 more shares today. Yippppeeeee, here we go...

Frank

May 26 11:39 PM

[iwantaiphone:]

Hey, can you install it on interactiveiphone.com so I can use it? I think it is a great app & I want to try it out but I don't have an iPhone.

May 27 06:09 AM

[connorport:]

Nobody here is trying to get anyone to buy this stock by fluffing it. At this point SIRI is like a lottery ticket with 50/50 odds. If these were the odds for you local lottery people would flock to buy some tickets. Thats all some are doing here and are posting possibilities about what the future of the company may hold. I own many equities and this is only one of them. One must do his/her due diligence when purchasing a stock but i still like the odds on this one.

May 27 08:45 AM

[Mr. Stupid:]

DUE DILIGENCE! Wow! Connor, that's an intriguing word combination. Where did you learn all that you know? I wish I was as intelligent as you.

Frank


On May 27 08:45 AM connorport wrote:

> Nobody here is trying to get anyone to buy this stock by fluffing
> it. At this point SIRI is like a lottery ticket with 50/50 odds.
> If these were the odds for you local lottery people would flock to
> buy some tickets. Thats all some are doing here and are posting possibilities
> about what the future of the company may hold. I own many equities
> and this is only one of them. One must do his/her due diligence when
> purchasing a stock but i still like the odds on this one.

May 27 10:10 AM

[connorport:]

OK! Just a little push back on people bashing the stock. Trying to let everyone hear all the angles when purchasing this equity. I didn't call myself Mr Stupid.


On May 27 10:10 AM Mr. Stupid wrote:

> DUE DILIGENCE! Wow! Connor, that's an intriguing word combination.
> Where did you learn all that you know? I wish I was as intelligent
> as you.
>
> Frank

May 27 10:15 AM

[connorport:]

My position is Long so there's no point in battling with another shareholder with similar views. Maybe you misinterpreted what i said.


On May 27 10:15 AM connorport wrote:

> OK! Just a little push back on people bashing the stock. Trying to
> let everyone hear all the angles when purchasing this equity. I didn't
> call myself Mr Stupid.

May 27 10:18 AM

[Mr. Stupid:]

Uh Oh, just heard some BAD news coming out of shareholder meeting. Stock looks like it's heading south but I will buy up as it sinks.

Maybe even sell a little now. Don't know


Frank

May 27 11:32 AM

[JamesD:]

Somehow, I don't see people listening to a whole lot of radio on a device that has no way to pop in fresh batteries. A brand-new iPhone is good for "up to" 5 hours of 3G communications; "up to" probably doesn't apply to continuously-streamed data. And AT&T may not be too thrilled with streaming audio clogging their network. This could be one of those ideas that sound great but never fly. If SIRI compresses the information and transmits it in bursts, on the other hand, it could be workable.

May 27 06:19 PM

[Hot Richard:]

"People dont want satellite radio."

Nuts. Satellite radio is one of my three favorite things in the world.

May 27 07:00 PM

[Tamino:]

This App has nothing to do with SIRI and everything to do with AAPL. As the quote from the ReachMD (the developer of the iPhone app) site "About" page shows, the web streaming service already exists. The SIRI channel appears just to be one distribution mechanism used by the service - now the iPhone will be another. Net Loss to SIRI - if you own an iPhone, why subscribe?

www.reachmd.com/compan...

>In April 2007 ReachMD launched the first-ever national radio channel for medical professionals: a platform for clinical discussion, news and education. This compelling content is broadcast 24/7 on XM Satellite Radio channel 160.

>In October 2007, ReachMD launched new online streaming access to all programming and CME content and continues to expand the listening audience and deliver on it's mission of providing the best communication, education and information to America's medical professionals.

[Sorry - this may be a duplicate response, due to SA's signin mechanism]

May 27 11:07 PM