Tuesday, April 26, 2011

Ahead of the Bell: Spotlight on Netflix 1Q results


Netflix Inc. has story about a new installment in its phenomenal growth which will be distributed for us. The main of this case how many peoples that register for subscription of home video. In the early years Netflix has started with 20 million of customers that in the U.S and Canada and estimated by the end of March it will increase from 2.6 million become 3.7 million. In Netflix there is a video streaming library which showed about films and another TV program pass high-speed Internet connections. Only $8 per month, we can subscription to see more than 20.000 video titles. But if we want to borrow the DVDs pass the mail the customers must pay $2 become $10 per month.

Since 2008 after the audience add from 9.4 million, Netflix is become the power of broker Hollywood and Wall Street darling. Last year, the price of Netflix shares has increase more than 40% and this year will give a market value about $13 billion. The Netflix shares had closed last week at $252.22. Because of the Netflix’s success, it can eliminate the formidable competitor in the Amazon.com Inc that just has offering a video streaming to online buyer who pay $ 79 per year for free delivery or discount. Wal-Mart Stores Inc, Best Buy Co dan Dish Network Corp are also called as the first candidates to starting services of their own video-streaming. FactSet has analize abd hope Netflix will get the profit about $1.07 per shares on income of $706 million. (businessweek.com)

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...