Sirius XM (SIRI) App Downloaded More Than 1M Times on Apple Store

July 6, 2009 9:55 AM EDT

SIRIUS XM Radio (Nasdaq: SIRI) today announced its application for iPhone and iPod touch has been downloaded over 1 million times from Apple's (Nasdaq: AAPL) App Store. The milestone was achieved within 2 weeks of availability.

The SIRIUS XM app debuted on the App Store on June 18 and quickly became the top free app in the Music category on the App Store. The SIRIUS XM app lets users access 120 channels of groundbreaking and critically-acclaimed talk, sports, entertainment and commercial-free music.

Traders seem to be responding positively to the news today. Shares of Sirius XM are currently up 4% to $0.466. Notably, the stock is seeing heavier-than-normal volume. Just 20 minutes into today's trading session, the stock has already traded hands more than 6.8 million times, which compares to average daily volume of 63.73 million shares.


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AAPL 194.34

+0.00 +0.00%
Volume: 100
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SIRI 0.63

+0.00 +0.00%
Volume: 32,788,122
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STOCK SHOCK FOR SHOCK JOCK
Temple Aire on Jul 7, 2009 03:05 PM

GOOD NEWS!! There is a new DVD movie out about the whole Sirius XM story called: Stock Shock. Very good flick and explains stock market manipulation as well. Stock Shock is at amazon.com and stockshockmovie.com

2.99/month.
Intelligent Life on Jul 6, 2009 03:35 PM

Hey anon, If you get it for free you aren't a customer. You're a freeloader. Try you logic at your grocery store.

complainers....
wanners on Jul 6, 2009 01:49 PM

anonymous, does Verizon or AT&T give you ringtones with your subscription? Nope, it's $3.99 a month, and your phone bill is a heck of a lot higher than what your currently paying or will ever pay for Sat Rad!

2.99/month Premium??
anonymous on Jul 6, 2009 12:37 PM

I waited for this app for a long time. I downlaoded and deleted the app as soon as I found out that they are charging 2.99/ month. They should have given it for free to keep the customer loyality.

BFD
BaBaBooey on Jul 6, 2009 11:22 AM

1 million downloads, BFD! How many people will actually keep such a cripples worthless application when then find out that they can't get the most desirable content from SIRI

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