John Paczkowski

Recent Posts by John Paczkowski

Time to Start Taking Sirius Seriously Again

“In 2010, investors will get a real indication of how good our performance can be. I feel really good about our future prospects.”

That’s what Sirius XM Satellite Radio (SIRI) CEO Mel Karmazin had to say during the company’s second-quarter earnings call this morning, and he had good reason to say it. With the winds of an improving economy and increasing auto sales at its back, the company turned in another decent financial performance, posting a profit of $15.3 million, breaking even on a per-share basis, compared with a year-earlier loss of $159.6 million, or four cents a share. Revenue rose 18 percent to $699.8 million.

Analysts had expected the company to break even on revenue of $690 million.

Sirius added 583,249 subscribers in the second quarter, ending it with some 19.5 million–up 6 percent over last year and a record high.


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work