Bluephoria Posted October 10, 2011 Share Posted October 10, 2011 I really don't know what to say to you if you truly believe that the only way they could improve their service was to alienate millions of customers and lose 66% of the companies value. That's a ridiculous notion. How many millions of companies have expanded/upgraded their products/service without losing over half their value or experiencing such backlash? I don't view what happened as a necessary evil for them. At all. Link to comment Share on other sites More sharing options...
Patrick Bateman Posted October 11, 2011 Share Posted October 11, 2011 Shit netflix, get it together Link to comment Share on other sites More sharing options...
Phil Posted October 24, 2011 Author Share Posted October 24, 2011 http://mashable.com/2011/10/24/netflix-loses-800000-customers-in-quarter/ Netflix?s price hike caused 805,000 paid subscribers to jump ship in the most-recent quarter, the company reported Monday. The company finished its third quarter with 23.79 million U.S. subscribers compared with the 24.59 million in had during its second quarter. In Q3, Netflix announced a 60% price increase, which went into effect in September. The company had predicted in a letter to shareholders that the impact of the price increase would be limited and the company would finish the Q3 with 25 million total subscribers. Investors reacted by continued to punish Netflix?s already-battered stock, sending down 27% in after-hours trading. That, despite a relatively sound earnings report: Netflix reported $822 million in revenues for the quarter and earnings per share of $1.16, which beat estimates of $811.79 million and earnings per share of 96 cents, respectively. Link to comment Share on other sites More sharing options...
Pete Posted October 24, 2011 Share Posted October 24, 2011 Maybe other companies will learn when Netflix goes under... Link to comment Share on other sites More sharing options...
NYRangers92 Posted October 24, 2011 Share Posted October 24, 2011 did their ceo graduate from business school? Link to comment Share on other sites More sharing options...
Fuhgeddaboudit Posted October 24, 2011 Share Posted October 24, 2011 Reed Hastings fucked up, but he's not an idiot. These people are quick to forget, they will realize they don't have many other choices. I tried blockbuster for free trial, and they SUCKED. New competitors will soon arise, but I think it will be awhile before that happens. netflix isn't over yet Link to comment Share on other sites More sharing options...
High and Wide Posted October 24, 2011 Share Posted October 24, 2011 Bottom just fell out. Down to $87.00 in after hours trading. Down 25% off todays value. Anyone in a long position on Netflix has to be tying a noose right now. Link to comment Share on other sites More sharing options...
Shane Falco Posted October 24, 2011 Share Posted October 24, 2011 Amazon prime is not bad. I've taken advantage of it with my student account. I have Netflix as well though. Link to comment Share on other sites More sharing options...
Fuhgeddaboudit Posted October 24, 2011 Share Posted October 24, 2011 Amazon prime just doesnt feel right to me, never will, and do they even have a monthly play, I do not wnat to spend all that money for a year subscription at once Link to comment Share on other sites More sharing options...
NYRangers92 Posted October 24, 2011 Share Posted October 24, 2011 I got the student price so it was only 40 bucks. I use it mostly for the free shipping, though. They have good streaming tv shows but the streaming movies blow Link to comment Share on other sites More sharing options...
Shane Falco Posted October 24, 2011 Share Posted October 24, 2011 I got the student price so it was only 40 bucks. I use it mostly for the free shipping, though. They have good streaming tv shows but the streaming movies blow dick My free year isn't over yet, but I have raped their free two day shipping option. As for their selection I haven't gone through it entirely but I plan on renewing. Link to comment Share on other sites More sharing options...
Fuhgeddaboudit Posted October 24, 2011 Share Posted October 24, 2011 Well if that's the case, amazon prime is eh to me. Plus, I don't really shop on it much to really go crazy for fast shipping, so thats not a plus. I think not many people shop that much to call free shipping much of a big deal. Link to comment Share on other sites More sharing options...
NYRangers92 Posted October 24, 2011 Share Posted October 24, 2011 I buy pretty much everything on amazon lol. Textbooks especially. $3 per item adds up Link to comment Share on other sites More sharing options...
Shane Falco Posted October 24, 2011 Share Posted October 24, 2011 I buy pretty much everything on amazon lol. Textbooks especially. $3 per item adds up This. My family uses it too. Link to comment Share on other sites More sharing options...
Fuhgeddaboudit Posted October 26, 2011 Share Posted October 26, 2011 http://news.cnet.com/8301-1023_3-20125433-93/why-wall-street-is-still-wrong-about-netflix/?tag=mncol The trouble with trying to adapt a big and growing business to disruptive technologies is that the process is... well, disruptive, as Netflix has demonstrated beyond the shadow of a doubt. But "disruptive" doesn't mean "impossible," and it's way too soon to count Netflix out--although that hasn't stopped Wall Street from trying. Link to comment Share on other sites More sharing options...
Fuhgeddaboudit Posted October 22, 2012 Share Posted October 22, 2012 Netflix sucks as usual. Had to go find an episode online illegally because Netflix has problems with a few episodes on instant for different shows. Fucking netflix, SMH. Link to comment Share on other sites More sharing options...
NYRangers92 Posted October 22, 2012 Share Posted October 22, 2012 Theyll experience an uptick in subscriptions once Arrested Development comes out, but it will likely dwindle once their exclusivity ends and it becomes available elsewhere Link to comment Share on other sites More sharing options...
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