thervingi to Technology · edit-22 years agoNetflix loses another million customers from April to Julyir.netflix.netexternal-linkmessage-square12fedilinkarrow-up138arrow-down10
arrow-up138arrow-down1external-linkNetflix loses another million customers from April to Julyir.netflix.netthervingi to Technology · edit-22 years agomessage-square12fedilink
minus-squarepingvenolinkfedilinkarrow-up3·edit-22 years agoEven if earnings go up in the short term, a collapse in their customer base is eventually going to hit profits. It also affects share prices, since share prices are supposed to reflect the future value of the stock.
minus-squareagarorn@feddit.delinkfedilinkarrow-up3·2 years agoWhy do you think it will definitely collapse. Couldn’t their subscriber numbers stabilise somewhere? 2
minus-squarepingvenolinkfedilinkarrow-up1·2 years agoIt could, but it’s going to be a significant reduction from previous expectations.
Even if earnings go up in the short term, a collapse in their customer base is eventually going to hit profits. It also affects share prices, since share prices are supposed to reflect the future value of the stock.
Why do you think it will definitely collapse. Couldn’t their subscriber numbers stabilise somewhere? 2
It could, but it’s going to be a significant reduction from previous expectations.