Netflix jumps 10% on robust growth and rosy outlook by CNN Money
“Expectations for Netflix’s third quarter couldn’t have been higher, but the company still managed to wow Wall Street — and shares jumped 10% late Thursday as a result. Netflix cynics have been waiting for the company’s stock bubble to pop: Netflix shares are up a shocking 440% in the past 12 months, and analysts expected third-quarter earnings nearly to quadruple over the year.”
The key question I have is: who will be our Netflix? Is this itunes? When will the local store DVD shop in the high street be in demise?
Note; apparently you can use Netflix in NZ by using hola.org.