DirecTV is responsible for more than 80% of the $35 billion

The interesting problem now is that because of this elegant and successful service, Hughes (with sales of $7.3 billion last year) has outshone its corporate parent, General Motors (with sales of $183.3 billion). DirecTV is responsible for more than 80% of the $35 billion market cap of GMH, the Hughes tracking stock. Compare that to the $31 billion market cap of GM itself, which isn’t exactly partying it up these days.

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