Sirius Satellite Radio & XM Satellite Radio Merger Green lighted?
The Wall Street Journal is reporting that the majority of FCC commissioners have reached a tentative deal to approve the merger of Sirius Satellite Radio and XM Satellite Radio. The only FCC member left to vote is Republican commissioner Deborah Taylor Tate, and she is expected to sign off on the deal in exchange for a consent decree that resolves several enforcement issues involving the satellite radio companies and a combined fine...
Apple’s Third Quarter Results Surge – Desktops & iPods Sales Spark Record Growth
Apple announced excellent third quarter financial results revealing the concern sold over 11 million iPods during the quarter, a record. The volume marks a 12% increase in units and a 7% revenue growth compared to the same quarter last year. In addition, it sold 717,000 iPhones (first generation models) in the quarter despite limited stock, compared to 270,000 in Q3 2007. The company posted revenue of $7.46 billion and net quarterly...
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