Sirius XM Updates Apple Apps With Satellite Radio 2.0
By Spencer Osborne: Sirius XM Satellite Radio (NASDAQ:SIRI) has taken a bold new step with their Internet Streaming business, Sirius XM Internet Radio, by apdating the apps that work with Apple (AAPL) products to include some great new Satellite Radio 2,0 features. While not confirmed, it is our understanding that a new Android app will be launched within six months.With the addition of Start Now, Tune Start, Pause, Rewind, Fast Forwad, and Show Finder, Sirius XM's Internet streaming service is applying pressure to the likes of Pandora (NYSE:P), Slacker, MOG, and Spotify.While each of these services has their own uniqueness, audio entertainment is getting to be a more crowded space. With these new features, consumers may now see value in Sirius XM Internet Radio that did not exist before.Perhaps a good place to start is defining the ways in which Sirius XM competes with the mainstream services out there.
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