I must laugh about Netflix, when i saw the net inc
Post# of 96879
Posted On: 05/31/2015 3:01:48 AM
I must laugh about Netflix, when i saw the net income!!!
In nearly 20 years!!! They have a net income 17.15 in 2012 !!! Lol
Annual revenue generated by Netflix also reached an all time high in 2013, amounting to 4.37 billion U.S. dollars. Compared to a decade prior, revenue increased by a little more than 16 times. However, despite the steady increase of revenue, Netflix’s net income has dropped compared to previous years. In 2013, net income amounted to 112.4 million U.S. dollars, which is significantly lower than the net income in 2011, which was 226.13 million U.S. dollars. After CEO Reed Hastings announced in late 2011 that the company would split its company into two different services, Netflix’s worth as a company tumbled and so did profits. Therefore in 2012, net income dropped more than 13 times and only earned 17.15 million U.S. dollars for the year.
http://www.statista.com/statistics/250934/qua...worldwide/
In nearly 20 years!!! They have a net income 17.15 in 2012 !!! Lol
Annual revenue generated by Netflix also reached an all time high in 2013, amounting to 4.37 billion U.S. dollars. Compared to a decade prior, revenue increased by a little more than 16 times. However, despite the steady increase of revenue, Netflix’s net income has dropped compared to previous years. In 2013, net income amounted to 112.4 million U.S. dollars, which is significantly lower than the net income in 2011, which was 226.13 million U.S. dollars. After CEO Reed Hastings announced in late 2011 that the company would split its company into two different services, Netflix’s worth as a company tumbled and so did profits. Therefore in 2012, net income dropped more than 13 times and only earned 17.15 million U.S. dollars for the year.
http://www.statista.com/statistics/250934/qua...worldwide/
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