For Sirius XM Radio, having your name associated with Apple should be a good thing. Especially if your stock is trading in the penny stock range ($0.3430 to be exact, as of 05/18/09 close). A recent Motley Fool article points at investor comments over Sirius XM’s interest of having an application on the iPhone’s App Store (you’ve seen the commercials about finding an “application for just about everything”). The investor’s take is that it could do wonders for the stock.
For the most part, what makes the App Store a success are the freebies. Its debatable how much money Apple itself makes. An app for Sirius may get them more exposure, but what they really need is a new business model. People don’t seem all that interested in paying a monthly subscription fee to listen to Oprah or Howard Stern.
While we are on the subject, check out these Music Apps for the iPhone:
- AOL radio
- Midomi mobile
- Moocowmusic: Band
- Intuna, Guitartoolkit
- Tap tap revenge
- Drum Kit
- Moocowmusic: Pianist
BTW – stay tuned for a review of top music apps for the iPhone.