New XM SkyDock Offers Sirius Investors Nice Profit Margin

By Brandon Matthews

It’s made headlines around the globe. Sirius XM Radio’s (SIRI) new XM SkyDock has instantly become the “best of breed” before it's even hit the market. I’ll admit, best of breed may be pushing it in a space where the newest offering is the only one of its kind, but I cannot recall an Apple (AAPL) iPhone or iPod accessory that has been this anticipated, and that anticipation is building for its October 19, 2009 release date. For consumers, the XM SkyDock is certainly an amazing piece of hardware, as it turns every one of the 40 million iPhone and iPod Touch devices (and growing) currently in use into full fledged Satellite Radios. This accessory dock provides a means to merge iTunes with live satellite radio, allowing iTunes users to discover, buy or listen to new music with a device already in the hands of millions of consumers.

Not much if anything has been mentioned about this Sirius XM and Apple partnership which allows Apple customers a way of obtaining live content on their iPod Touches and iPhones. I was disappointed that we did not hear more of this from the Apple media event that took place on September 9th. One of the main criticisms of Apple iPods has been their lack of live content. Sirius XM now fills that void. Likewise, Satellite Radio consumers will be flocking to Apple retailers to purchase new iPod Touches and iPhones to take advantage of this cross branding technology. With a price point of $119.00, it is certainly a fair price for a device with so much capability and promise. The only question remaining is not whether the market will embrace this new technology, but whether or not there will be enough units on store shelves this holiday shopping season to meet demand.

From an investment perspective, the XM SkyDock certainly offers SIRI investors a new twist in the form of a very nice profit margin. Initial rumors pegged the retail price at $99, a full $20 less than the eventual $119 suggested at the product unveiling. Experience teaches that this increase was most likely due to market research determining the best price that the most number of people would be willing to pay. Certainly there have been no complaints about the price point. Looking at the XM SkyDock, we can quickly determine that the profit margin must be very nice for Sirius XM Radio.

Let’s face it…it doesn’t come with an iPhone or iPod Touch. The head unit is the Apple device itself, and the wide array of programming functions that offer everything from Satellite Radio to sports scores to stock quotes comes from a free download app from the iTunes store that will be released with the SkyDock next month. The SkyDock does offer Sirius XM’s new “power-Connect” FM transmitter but so does the new Sirius Stratus 6 and XM Onyx which are offered for $69 and $79 respectively. These radios also come with a Satellite Radio chip, antenna, aux input jack, car dock and a full head unit with LED display and a microprocessor. That’s not to say it's overpriced as the Sirius Sportster 5 will run you about $169, and offers a lot less in functionality now that the SkyDock has been unveiled. Clearly a rather tidy profit is built into the price of the SkyDock. Might there be a revenue share agreement with Apple? Might the same be true of iTunes purchases made through the device? No analyst has posed the question.

Investment benefits don’t end there, as the big push will no doubt be towards getting Apple users to subscribe to the top tier, XM with the “Best of Sirius” package which will allow consumers to get everything Satellite Radio has to offer from NFL and MLB to Howard Stern and Oprah. With 40 million Apple devices out there and growing, the profit margin on Sirius XM’s new offering may give the company an influx of increased revenue from a source other than subscription revenue and more importantly, profit.

Position: Long SIRI

Comments

[Turley Muller:]

That's 50 million devices, not 40 million---- 30M iPhones + 20M iPod touches

Sep 13 06:23 AM

[Cycle63:]

Looks like siri-doom sees his money making shorts disappearing...

Sep 13 06:35 AM

[jmsithy:]

Im buying back in after Monday if not on Monday depending where it is going


On Sep 13 08:13 AM R A F wrote:

> SIRI-Doom = A cross between Chicken Little annd the Boy Who Cried
> Wolf!! He should be prosecuted for repeatedly ignoring the true facts
> of the non compliance notification that Sirius XM will receive. These
> basic facts are: 1. SIriius XM will have a minimum of six months
> and a maximum of twelve months beyond 9/14/09 to correct the issue
> (SIRI must exceed sustained trading above 1.00 - realistically within
> twelve months) before any delisting would take place. Sirius XM would
> not go to the OTC - if absolutely necessary after twelve months,
> the company would complete a reverse split to remain compliant on
> the Nasdaq. Mel has confirmed in public comments at the last quarterly
> release that there will be no reverse split unless this becomes absolutely
> required within the six to twelve months period mentioned above for
> mandatory action - which would only occur if SIRI remains below 1.00
> in the time frame that is realistically up to one year from now.
>
> So - How to trade this story at present: The facts above have been
> well known by the markets and actively discussed and discounted in
> recent weeks. For this reason, any near term selling is likely to
> come from continuing shorts who are attempting to pressure the markets
> for purposes of covering. It is highly unlikely that legitimate holders
> of long positions will be sellers, as they have had ample time to
> consider the true facts and have decided to remain invested for the
> substantial upside potential that is projected into the future. Once
> this temporary pressure has been felt and contained, markets will
> immediately begin to anticipate the NEXT story to be discounted and
> acted upon: the likelihood that 3rd and 4th Qtr. releases (in November
> and February) will show continuing -and possibly dramatic - improvements
> in Sirius XM's fundamental condition and outlook. Put all this together
> and it strongly suggests that any near term pullbacks will be treated
> as buying opportunities and that recoveries will follow over the
> near to intermediate term. SIRI is now trading from dominant technical
> strength and potential is projected (based upon all recently completed
> formations) toward 1.00 around yearend; toward 1.25 to 1.50 over
> the next six months to one year; toward 4.00 over the next two years
> (representing a 50% retracement of the declines from 12/05 through
> 2/09).

Sep 13 08:23 AM

[Richard The...:]

WOW look at all of the Scared Shorts and nasty R/S comments...These SIRI bashers are desperate....Listen you dummies quit with the bashing and start with the accumulating. The reason your so negative is because you are loosers...Don't you get it. SIRI is in the drivers seat. This company will boom and there will be no R/S because they have a year to comply. Nobody is listening to you loosers.....Go SIRI!

Sep 13 08:52 AM

[mlongj:]

RAF

You are absolutely right! Any pullbacks at this point are great buying opportunities. It hit .65 on friday, but I think it will still go a bit lower in the coming week. I also think it could very well be the last pullback we see before the 3Q call. It is just too risky to sell at this time. We all know that Sirius can go over a dollar at any moment as we approach November. Vongage is a great example of just how fast a stock under a dollar can climb on good news; Sirius will be similar in my opinion. Only about 6 more weeks left to accumulate at under a dollar, if that. No chance of ever being delisted! The reverse split is not as bad as some have made it out to be, and if it is needed to make compliance after a year...so be it. Sirius has proven itself to be a viable investment opportunity since February. If it wasn't a good investment it would have already gone bankrupt...but I don't believe that was really ever in the equation. Siri Doom, you should buy back in this week on the pullback and stay in until the 3Q call. It might make you a bit happier come Christmas time!

Keep the faith!

Long SiriusXM

Sep 13 09:33 AM

[JPearce:]

Siri-Doom You are a Loon. If you dont like Sirius sell & get off this chat line. Im learning alot from the bloggers and Im still long for Sirius. So Siri-Doom take a hike.

Sep 13 09:45 AM

[valuestocks...:]

Just click on the Report abuse link below Siri-Dumbs lying redundant posts. They will eliminate them because they are lies. Siri-D wants to own this stock, just at a lower price. Correct Siri?

Sep 13 10:20 AM

[R A F:]

As discussed above, any possibility of a reverse split is definitely not on the table for at least six months - and more realistically twelve months - which would only occur if SIRI continues to trade below 1.00 at that time - Highly unlikely!

However - the following example of what actually occurs in cases of reverse splits is very instructive - and favorable - as information that is relative to situations such as this:

Priceline announced plans for a reverse split in May, 2003, when the stock was trading at 2.75. They completed a 1 for 6 reverse split on 6/16/03, and the stock closed at 25.55 on that date. Keep in mind, the split adjusted price for PCLN on 5/2/03 was 18.84, so the stock's performance was favorable immediately after this reverse split occurred. Price performance since that time has been: 8/1/03 31.76; 12/2/03 18.81; 5/12/08 139.86; 9/11/09 162.90

So - Here you have the reality of a stock (PCLN) that has rallied from 18.84 to 162.90 from May '03 through 9 '09 on a slpit adjusted price basis. Only 864% - not bad for all the "fear mongering" that is now surrounding the prospect of a reverse split for SIRI - a highly unlikely but remotely possible event sometime twelve months from now if Sirius XM remains non compliant in terms of price.

Sep 13 10:26 AM

[Siriusly On...:]

Well, Looks like they opened the front gate at the loony asylum again and guess who they let out! Mr. Doom & Gloom! I am sorry, but no 'Sirius' Investor would ever rave like that, it is all very juvenile !
So, After ignoring all of those rants I have to say that the Skydock will be BIG for Sirius, It opens up a whole new 'world' of listeners and subscribers. You have to have traveled the world a little to understand how many Americans actually live outside the U.S but crave a little piece of home! All this is now achieved by this simple, inexpensive piece of equipment. This will be BIG for Sirius!

Sep 13 11:41 AM

[Mr. C:]

siri-doom: is DOOMED!!!

Sep 13 11:51 AM

[scots slant:]

Scot's Slant here. Dr. Doom, your past posts make it clear that you believe your argument will single-handedly manipulate the share price of SiriusXm . Well, in your belief of that, why not devise a new argument for lower taxes, take that to our leaders in Washington, and manipulate them into believing that this act alone will benefit consumers as they will have even more money to invest in the marketplace?

And there is one more thing: Doom, if you can accomplish that, I'll give you a big, fat slobbery kiss as I purchase more shares of Siri stock....

Sep 13 12:09 PM

[petra:]

Hi everybody, half of the comments are from Siri-Doom, I wonder if he is talking to himself. Anyway, I belief there is a bright future for Sirius and the relationship with Apple is definitely not hurting. While I write this I am listening to Sirius, Toby Keith and I can't help it, it's a great service. I love it, I love to be a shareholder and most important I really believe we are on the road to recovery, despite the unemployment numbers. This is America, we can and we will get this done, think positive and don't let you drag down by the doom and gloom guys.

Sep 13 12:34 PM

[josseph:]

I am a new invester and as I was looking for a way in I stumbld on SIRI. I did some research with regards to the companies financials current and past. Checked out it's services and it's market positions. Certainly there were some bad decisions along with a turn in the economy that has caused this stock to plummit. I saw that as an opportunity as they were doing all the right things to pick up the peices and rebound. Over the past 6 months I have more than doubled my money. I am not sure what Doom is in the stock market but i would assume that is not it. I have invested in some others that have no panned out so well. I am selling those and moving my positions to Siri. At .66 it is still an awesome pick. I have overlooked the Fools, Loons and the Dooms and I am doing great. To all you "SIRIUS Investors" I will see you on the flip side of a buck....

Joseph

Sep 13 01:19 PM

[Mr. Stupid:]

There are many companies non-compliant with Nasdaq listing criteria.

The stock will be over $1 before this becomes an issue.

DH

Sep 13 01:23 PM

[Jerrold Wil...:]

The sky dock cant receive service outside the US....it depends on satelite signal....They could use the ipone app with iphone if internet service is available in the country....skydock will not get a signal outside of US....


On Sep 13 11:41 AM Siriusly Onboard wrote:

> Well, Looks like they opened the front gate at the loony asylum again
> and guess who they let out! Mr. Doom & Gloom! I am sorry, but
> no 'Sirius' Investor would ever rave like that, it is all very juvenile
> !
> So, After ignoring all of those rants I have to say that the Skydock
> will be BIG for Sirius, It opens up a whole new 'world' of listeners
> and subscribers. You have to have traveled the world a little to
> understand how many Americans actually live outside the U.S but crave
> a little piece of home! All this is now achieved by this simple,
> inexpensive piece of equipment. This will be BIG for Sirius!

Sep 13 03:51 PM

[Jerrold Wil...:]

Ok, I've made the decision to ignore SIRI-DOOM, but it is getting out of hand with him or her flooding the site...Please, everyone click on Report Abuse on his posts...Everyone deserves a chance to speak, but when it becomes excessive nonsense...it needs to be stopped. Everyone click "report abuse" and maybe he can be removed, its really irritating at this point. How many posts did he have about the same thing? ENOUGH~

Sep 13 03:56 PM

[boston 1:]

Do not pay attention to idiots and make relevant comments on the stock. I have not said anything as of late, but enough is enough. Just read or skip the idiot posts. Keep buying on the way down and sell some on the way up. Always play with the house's money and the stress of not losing your money makes for better investment decisions.

Sep 13 04:26 PM

[Fran27:]

I bought SIRI at .36. I got my money back and letting the house money ride. I am proud of what the CEO has done for this company. It is expensive to maintain satellites. Not every company has this problem.

Sep 13 04:41 PM

[relmar2003:]

SiriusXM has until at least March to worry about getting over $1. No fear from real knowledgable investors of a R/S at this time. Dont let the fearmongers dicate how you invest. Invest on the facts you know, not the rumors you dont know. As for a pure trading perspective, I think it will be interesting to finally see the effects of this cry wolf scenario that Siri-Dumb has been excreting out his fingertips, on many issues that have never come to pass.

Sep 13 06:30 PM

[BigVinnie:]

Hey everybody report abuse on siri-dumb, for the amount of spam that he leaves behind. After 1 comment its unnecessary the trail of crap he leaves behind.

The report abuse tab is under each one of his comments.

Sep 13 06:54 PM

[Arcturus:]

What the hell is wrong with you??? Is this your whole life?

On Sep 13 04:40 AM SIRI-Doom wrote:

> SIRI NASDQ ALERT
> SIRI NASDQ ALERT
> SIRI is officially noncompliant of the NasDq $1.00 rule. The clock
> for SIRI delisting from the NasDq is ticking down to disaster.<br/>
>
> SIRI Mel’s answer to the NasDq will include the alarming words “REVERSE
> SPLIT”. The words “REVERSE SPLIT” are going to ring alarms of disaster
> to all who currently hold SIRI stock.
>
> SIRI Mel now has a duty to inform stock holders of the NasDq letter
> and the SIRI response with intention to reverse split. The market
> will be informed regardless of how much money Mel has panned out
> to suppress this news.

Sep 13 07:37 PM

[Jerrold Wil...:]

The bad thing is these silly-doom comments dominate the room and nothing new or interesting is said. I have to read his/her posts and then 20 people respond in anger to it. Please, let's move on to new topics....Ok, Nasdaq non-compliance is a well known fact....let's move on...We all know rev-split is not coming in the near future....Let's move on!!!
Skydock should be released in the next 3 weeks or so...I have a problem with the price, but we will see. I think this takes the ipod touch to a new level. In the past, the iphone had the advantage of being able to get Pandora or whatever in addition to saved content on the road. Iphone users payed their $30.00 web plan for this. Now ipod touch users have a better service SIRIUS XM, through wi-fi and on the road through satelite. I belive many people have their phone and their ipod touch as seperate devices....Or more will opt to get Ipod touch and not bother with the iphone due to it's high data plan charges. For example, bet a blackberry or Pre for data and phone,,,then have ipod touch for al the cool features and live audio content....Using another phone + SIRIUS XM, may still be cheaper than Iphone monthly charges.......ie...Sprint just announced a plan where callers can make unlimited calls to other cell phones reguardless of carrier with $20.00 unlimited data plan......Why would anyone want to play music through their phone in a car is beyond me....A call comes in and the radio get's cut off? bad deal...3g dead spot, The future of SIRIUS XM is not in phone subs....It;s cool for existing subs to have the added convenience...But I don't see many wanting to pay for SATELITE RADIO through their phone....Ipod touch is a great match....Iphone is good for the $2.99 premium

Sep 13 10:47 PM

[tucknroll:]

the only rational comment made today


On Sep 13 04:26 PM boston 1 wrote:

> Do not pay attention to idiots and make relevant comments on the
> stock. I have not said anything as of late, but enough is enough.
> Just read or skip the idiot posts. Keep buying on the way down and
> sell some on the way up. Always play with the house's money and the
> stress of not losing your money makes for better investment decisions.

Sep 14 02:39 AM

[R A F:]

SIRI-Doom - You continue to post deliberate and misleading information on these pages - citing "Mel's answer to the Nasdaq is going to incude his intent to rev-split". This false allegation that you have repeatedly asserted has been completely refuted by the known facts - based upon statements Mel has previously made on this subject. Your repeated false assertions are a blatant attempt to manipulate this stock and they should not be tolerated by Seeking Alpha. I - and others - will continue to mark all of your comments as Abuse and ask that Seeking Alpha bar you from future access to this site. You have demonstrated that you are only interested in this site as a means to distribute your false and misleading information - repeatedly and without revision to the known facts - and Seeking Alpha should no longer be a party to this distribution of falsehoods.

Sep 14 07:29 AM

[R A F:]

SIRI-Doom - Your constant assetions about what Goldman Sachs is doing in the markets flies in the face of reality, as no one outside of the traders on the GS desk has information of any sort about their trading tactics and strategies. That is an absolute fact - and you can take this comment to the bank from someone with a lot of experience on the trading desks of major Wall Street firms. Once again - your comments are totally out of line, misinformed, and designed to manipulate the market for SIRI via the spread of baseless fear mongering.

Sep 14 08:32 AM

[Scooterpod:]

Folks, (A) you can't argue your point with SD. He doesn't care what you say. He has his own agenda, obviously. (B) because he continually floods these threads with constant re-hashing of non-facts, either ignore him (trying to post anything back is just baiting him) or (as I do), hit the report abuse button.

Enough of that from each of us will attract enough attention that maybe they'll block the sucker.

Then we can all get back to rationally discussing.

Sep 14 08:49 AM

[SIRI-Doom:]

SIRI Mel’s answer to the NasDq will include the alarming words “REVERSE SPLIT”. The words “REVERSE SPLIT” are going to ring alarms of disaster to all who currently hold SIRI stock.

Shorts are building against SIRI again. Gee, I wonder why.

Sep 14 09:00 AM

[jmsithy:]

I would wait one more day to buy back in I see this going lower than .64

Sep 14 12:11 PM

[Cletis Joha...:]

Uh huh... apparently you haven't heard about spotify.com
Besides, if Stern bolts or retires, Sirius/XM is dead in the water. Don't care what the charts or numbers say.


On Sep 13 08:52 AM Richard The Great wrote:

> WOW look at all of the Scared Shorts and nasty R/S comments...These
> SIRI bashers are desperate....Listen you dummies quit with the bashing
> and start with the accumulating. The reason your so negative is because
> you are loosers...Don't you get it. SIRI is in the drivers seat.
> This company will boom and there will be no R/S because they have
> a year to comply. Nobody is listening to you loosers.....Go SIRI!

Sep 14 12:22 PM

[SIRI-Doom:]

SHOW YOUR LOVE. Buy SIRI and hold
ticking down to disaster

On Sep 14 12:11 PM jmsithy wrote:

> I would wait one more day to buy back in I see this going lower than
> .64

Sep 14 01:24 PM

[Jerrold Wil...:]

spotify is just another streaming music service, it is not RADIO, it is not competition...Unless you are a moron that all you want to ever do is listen to computer generated playlists! You probably cant affort SIRIUS XM...Howard Stern has over a year on his contract, if he leaves...the company saves 100 million a year....If he leaves he will retire...where is he going "spotify"? He can never go back to FCC censored free radio. People really over-rate Stern, true he is a media force....Satelite survived before him and they will after him. His generation of listeners are maturing and younger people wont find a 60 year old juvenile entertaining. SIRIUS XM has over 170 channels...2 are for Howard Stern...More people dislike him than like him...Dude is almost 60 years old, nothing lasts forever, OPIE AND ANTHONY will surpass his popularity...or someone new.....SIRIUS XM has over 18million subscribers.....You think they all listen to Howard Stern only? lol...This spotify is a company in United Kingdom? wtf? PANDORA>SPOTIFY....... is their competition....Not SIRIUS XM


On Sep 14 12:22 PM Cletis Johannson wrote:

> Uh huh... apparently you haven't heard about spotify.com<;br/>Besides,
> if Stern bolts or retires, Sirius/XM is dead in the water. Don't
> care what the charts or numbers say.

Sep 14 02:11 PM

[between the...:]

Doom could be doomed. In typical Wall Street fashin, most catalyst trades are buy/long the rumor and sell or short the news, when the news is GOOD. However, when the news is potentially perceived as BAD, could we have a sell/short the rumor and buy/cover on the news? IE when news actually comes out, the shorts will cover and the longs will buy!!!! Doom is doomed.

Sep 14 02:39 PM

[Scooterpod:]

I think some of you mistakenly think that SD has some sort of stock in all this. For all we know this guy is a naked 80 year old guy sitting in front of his computer hatching ways to get a rise out of the general populace here. I know I don't care what he's saying, and most rational folks (upon seeing his history of rants) would probably not give two craps about anything coming out of his fingers, either.

Sep 14 03:09 PM

[TitusHooker:]

Long time reader, almost never post - till now.

Bite me!


On Sep 14 09:00 AM SIRI-Doom wrote:

> SIRI Mel’s answer to the NasDq will include the alarming words “REVERSE
> SPLIT”. The words “REVERSE SPLIT” are going to ring alarms of disaster
> to all who currently hold SIRI stock.
>
> Shorts are building against SIRI again. Gee, I wonder why.

Sep 14 03:16 PM

[Hawk180:]

SIRI, I have read many of your blogs. As I have said before, I am understanding your mindset. I dont agree with it, but I understand it.

I see that most of your problem is that you hold a grudge way too long and have a very negative outlook on life. You need to let all that go. Only then will you stop being such an abject failure.


On Sep 14 01:24 PM SIRI-Doom wrote:

> SHOW YOUR LOVE. Buy SIRI and hold
> ticking down to disaster
>
> On Sep 14 12:11 PM jmsithy wrote:

Sep 14 04:23 PM

[JamesPS:]

The Skydock is one more way Sirius XM is appealing to niche markets. This is a good thing! Sirius XM has always appealed to those who were not content with commerical riddled mainstream garbage played over and over again on terrestrial radio (Britney Spears, etc). On its own, the Skydock will not rocket Sirius XM into the stratusphere, however collectively, all of the small things they've done in the last 6 months (iPhone Support, Skydock, new content, etc) will! Sirius understand that everyone is a bit different. Some love Howard, Some love political news, Some love Rock, Some love country music (yes, even country music). Some listen at work, some on their way to work, some when hiking, etc. And some love their iPhone and don't want to carry around a buch of additional equipment. This is the niche the Skydock will appeal to. every niche market, while small, is loyal to their cause. I think we will see a continue trend of new and exciting things coming from sirius.

BTW: Anyone here about Sirius XM in Puerto Rico? I heard something about them getting repeater approval for the next 180 days.

Sep 14 04:55 PM

[Mr. Stupid:]

Stock to watch: ETFC short interest decreased 27% this past week. Citi just upgraded to buy from hold.

Bought some today for my portfolio.

Mr. Stupid

Sep 14 05:01 PM

[RealityofSiri:]

Why is it that no one ever comments on the content of the articles anymore and merely argues with SIRI Doom?

This isn’t meant to be negative towards SIRI but if this product will be as big as the article seems to indicate, and as a result I would like to increase my position, some additional due diligence is required. I have a couple of questions about some of the presumptions the author makes and would love to hear how the conclusions are reached since as far as I know, this data isn’t available:

“The only question remaining is not whether the market will embrace this new technology, but whether or not there will be enough units on store shelves this holiday shopping season to meet demand.”

How was this conclusion drawn? Are they being pre-sold and are the numbers reported. How many are being produced and what is the expected demand?

“Certainly there have been no complaints about the price point.”

Again, are these being sold already? While market research can offer valuable insight as to the expected market demand, it is far from an exact science and history is littered with products that were incorrectly priced.

Besides this seeming like a great product, what am I missing? Can this information be found somewhere?

Sep 14 05:24 PM

[connorport:]

I still say we will see above the $1.00 mark with the anticipation of Q3 reports. The move will start in one month(approx). The stars are starting to align here as you can see. Everything will happen between Q3 and Q4. Let us see what SIRI brings us.

Sep 14 07:26 PM

[jmsithy:]

I say one more day and I will be back in i am thinking tomorrow will drop to .64/.62 (.65 is still kind of high right now for more pull backs)

Sep 14 07:37 PM

[Scooterpod:]

.75 before end of October. I'm betting on pre-Christmas presents from Mel & Co.

Sep 15 09:33 AM

[SIRI-Doom::]

I am very impressed with the cajones of SIRI-Doom. When I get old and have alheizemers, I want to be just like him! While his opinions have no foundation, they make for great reading. So keep up the fantasy writings. But please, come up with different stories. If I wanted to read your old comments, I would just click on you name!

Sep 16 04:05 PM

[Orlik:]

Has anyone heard the news that SIRI will replace On Star in cars when new revolutionary Mobil Wi-Fi SIRI Internet is introduced?
I have found this news on European site but can not see anything about it in US new sites.
Google is buying SIRI (again) , is that true? Google considering SIRI for their new operation system competing with Windows. It's called "O".
Apparently someone who works for Google accidentally mentioned it at the dinner party, last week in Houston, during the convention.
Can we have Google to confirm that?

Sep 17 01:36 PM