Business Week has an interesting article about Apple's profit margins on the iPod Nano. Apparently it costs $90.18 in materials and $8 to assemble the 2 GB Nano which retails for $199. That's almost 50% profit margin! No wonder the iPods are a real cash cow for Apple. The article also lists some of the companies who benefited from the Nano such as Cypress Semiconductor (CY), Portal Player (PLAY) and Samsung.
This has been a long time coming but finally the FCC has finally approved the merger of Sirius Satellite Radio with XM Satellite Radio . The combined entity is pretty much a monopoly in the satellite radio space but they are still competing with terrestrial radio. Either way, their stocks, NASDAQ:SIRI and NASDAQ:XMSR should get a good boost on Monday. Yahoo! Finance Quote for SIRI Quote for XMSR