RSS
NetFlix Raises Estimates
from the shocking dept
These days, it's pretty rare to hear of any company, let alone a dot com company raise their estimates. However, that's exactly what Netflix is doing, saying that customer churn is down, and subscribers are up, leading to higher than expected revenue projections. It's a nice surprise for the company, but it might not mean anything if Wal-Mart and Blockbuster really ramp up their plans for competing services. Netflix has done well so far, but the marketing muscle behind Wal-Mart and Blockbuster are a lot to compete with.
If you liked this post, you may also be interested in...
- SEC Told Pandora To Be More Explicit In Its IPO That Its Business Is Likely Unsustainable Due To Crazy Licensing Rates
- The Fine Line Between Crowdfunding & An Illegal Securities Offering Part II: SEC Fines Ad Execs Over Pabst Stunt
- As Pandora Goes Public, How Come No One Is Pointing Out That It Misled The Press About Being Profitable?
- Don't Try To Make Sense Of LinkedIn Share Price
- DailyDirt: Start-up Pitches And Strikeouts...
Add Your Comment