Increase in Subscription Numbers + Big Quarterly Loss = XM Progress Report
Oct 27th, 2007 | By Elisabeth Lewin | Category: GeneralSatellite radio company XM revealed this week that in the third quarter, its losses were up a whopping 70 percent over last year.  Analysts blame the losses on a 22 percent drop in sales at chain retail outlets like Best Buy.
On a more positive note, XM announced an increase in subscribers to their satellite radio [...]