No they have promised profitability in 2017. ht
Post# of 96879
Posted On: 06/01/2015 9:15:08 PM
Re: 2015invest #17837
No they have promised profitability in 2017.
http://www.businessinsider.com/netflix-promis...017-2015-1
They are just a revenue beast which is why they have such a high market cap. It is not an issue with not generating revenue, it is an issue with them not profiting from that revenue because their costs are high. Costs for streaming, costs for producing their own shows.
The problem is they have such a huge chunk of the streaming market already because of their business model.
Not the 4k market though that is us.
http://www.businessinsider.com/netflix-promis...017-2015-1
They are just a revenue beast which is why they have such a high market cap. It is not an issue with not generating revenue, it is an issue with them not profiting from that revenue because their costs are high. Costs for streaming, costs for producing their own shows.
The problem is they have such a huge chunk of the streaming market already because of their business model.
Not the 4k market though that is us.
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