Wednesday, October 26, 2011

Netflix loses 800,000 subscribers

  • In the last quarter instead of increasing it shrank
  • Netflix is saying that it has hurt everyone in the company
  • Netflix is thinking that it will stop changing the prices but that's no done seeing the end of the bleeding
  • Cnn. com says "Netflix had 23.8 million total U.S. subscribers as of Sept. 30, down from 24.6 million three months earlier. Around 21.5 million customers had streaming subscriptions, and just under 14 million had DVD subscriptions, with most customers mixing the two."
  • Netflix has lost 27% shares
  • It's trying to expand to Ireland and England
  • the money has turned from 376,000,000 to 366,000,000
  • Netflix is going into the next quarter with a bad start and new opponents 
  • What will happen in this quarter we will not know but will suffer hardships
  • CLICK HERE

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