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01/28/2011 10:30 AM ID: 87685 Permalink   

Netflix Shares Go Up As Earnings Soar

 

Netflix shares went up 15 percent yesteray after the compay released a report on their high fourth-quarter earnings.

The company announced earnings of 87 cents per share, a 55 percent jump compared to 2009. Reportedly, the service has 20 million subscribers (63 percent more compared to the same period last year), which is 6 percent of the U.S. population.

However, some analysts are sceptical about Netflix´s high stock prices and firm policy.

 
  Source: money.cnn.com  
    WebReporter: kima Show Calling Card      
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  4 Comments
  
  In other news...  
 
Blockbuster is having a huge going-out-of-business sale!
 
  by: radso2   01/28/2011 07:38 PM     
  @radso2  
 
What is blockbuster?
 
  by: Tetsuru Uzuki     01/28/2011 07:59 PM     
  I gotta say -  
 
They make a great product.
 
  by: Jenkie     01/29/2011 08:30 PM     
  @radso2  
 
they are moving to a online streaming and rental deal like netflix.

But for rentals its not monthly, its per rental. Much like Amazon´s(way better) On-Demand service.
 
  by: MannyisHere     01/31/2011 01:18 AM     
 
 
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