Sirius XM recently just barely avoided bankruptcy and so they are on the hunt for profits once more and hoping to regain interest from consumers. CFO David Frear has confirmed that the company is developing an iPhone and iPod touch app.

This could get interesting. We will have to see how pricing works with this app. Perhaps users can get an iPhone subscription only. Or maybe it will be a part of standard subscriptions. The app should launch in the second quarter of the year.

They may just get themselves a bunch of new consumers with this one.

[ZDnet]