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Satellite radio operator Sirius XM reports increased profit - Toronto Star

Radio Spider

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Satellite radio operator Sirius XM reports increased profit
[SIZE=-1]Toronto Star[/SIZE]
[SIZE=-1]The parent of satellite radio operator Sirius XM Canada Inc. has reported an increase in both revenue and net profit in its fiscal second quarter. Sirius XM Canada Holdings Inc. says net earnings in the three months ended Feb. 28 rose 8.3 per cent to ...[/SIZE]
[SIZE=-1][/SIZE]
[SIZE=-1]and more »[/SIZE]

http://news.google.com/news/url?sa=...rator_sirius_xm_reports_increased_profit.html
 
Is this based on actual subscriptions?
Or simply the number of XM units sold?
Or perhaps the number of cars sold with the radio already installed? (even if no one renews after the first year that you get free with the car purchase, or the year free with the XM radio purchase)
Or worse, counting in the number of cars sold with XM installed, even if the purchaser chooses not to use it.
 
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