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Netflix, Inc. (NFLX) Message Board

  • cpasific cpasific Jan 27, 2012 10:34 AM Flag

    NFLX is a suicide. read this

    Leave it to the great Erick Schonfeld of TechCrunch to sum things up so nicely in the Netflix (NFLX) post-earnings aftermath:
    If you break that down, each streaming subscriber is worth only $2.40 in profit each quarter to Netflix, compared to $17.32 for each DVD subscriber. The old business was very lucrative. The new business kind of sucks.

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