BBY's tag archives

Sirius XM: Scenes From CES 2010

By Brandon Matthews Satwaves is pleased to report that our reporting team has arrived safely at the 2010 Consumer Electronics Show in Las Vegas Nevada. With their Satwaves media passes proudly displayed, Chris Stepanick and Aaron Lilley have sent back these first photos of the event, including the first photos of Sirius XM Radio's (NASDAQ: SIRI) new XMp3i. Sorry Satellite Radio fans, the "i"stands for injection rather than Internet. It takes its name from the patented XM PowerConnect techn...

Sirius XM To Revamp Entire Radio Lineup At CES

By Brandon Matthews According to a source at Best Buy (NYSE:BBY), the company circulated an email last week stating that they will not be restocking Satellite Radio inventories in anticipation of new product releases and stating that Sirius XM Radio (NASDAQ: SIRI) will be "completely changing its product line." Following what appears to have been a robust fourth quarter at retail for Sirius XM Radio, many observers have noted that inventories at major electronics retailers have nearly sold...

Sirius XM: The Week In Review

By Brandon Matthews This past week, there were several Sirius XM Radio (NASDAQ: SIRI) related news items that did not make Satellite Radio headlines and may have been overlooked by some. So many in fact, that I thought a quick review might be in order. On the earnings front, Best Buy (NYSE: BBY) reported its third quarter earnings. The retail electronics giant reported strong year over year same store sales and Black Friday sales that resulted in double digit year over year increases. The ...

Sirius XM Brand Campaign To Launch This Weekend

By Brandon Matthews About a year ago, I asked an analyst why he felt Sirius XM Radio (SIRI) did not advertise more aggressively. His understanding was that the company had made the decision based on market research, that indicated that the return on ad spending did not justify an aggressive marketing campaign at the time. Typically, he said, most companies look to generate 2 dollars of revenue for every ad dollar spent. As we look back at the economy over the past 12-18 months, we can see how...

Exclusive: Sirius XM SkyDock Available NOW At Best Buy

By Brandon Matthews With release dates being offered that range from October 11 through Oct 18 for the XM SkyDock, it seems one electronics retailer was given a head start on sales whether by accident or intent. A report came in to the Satwaves Forum by means of a mobile post by Cos1000 who reported that he was in his local Best Buy (BBY) and that the store had 4 XM SkyDock Radios on the shelf. I grabbed my keys and immediately ran to my local Best Buy and confirmed that not only did they ...
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