What does the recently approved merger really mean for XM Satellite Radio (NASDAQ:XMSR) and Sirius (NASDAQ:SIRI)? Will the satellite-radio companies now get better reception on Wall Street? Is Apple (NASDAQ:AAPL) a friend or a foe? In this installment of "Fool Video," senior analyst Rick Munarriz gives his take.

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Neither Rick nor Mac own any of the stocks discussed. The Motley Fool has a disclosure policy.