An XM Radio Walkman ?

According to a Reuters XM Satellite Radio is expected to to unveil a “wearable” Walkman-like device produced automotive parts and consumer electronics products maker, Delphi Corp.

In a note for investors, Kit Spring, analyst with Stifel Nicolaus said such a device would “also get investors thinking about future combinations of IPOD/TIVO-like satellite radios, which would increase the value of the monthly subscription.”

Reuters also reported that one radio industry executive claimed that the device would include a satellite radio receiver with headphones and a hard drive enabling users to download XM content.