Netflix Inc. reported fourth quarter net income of $22.7 million, or 38 cents a share, up from $15.7 million, or 23 cents a share in the same period last year.
— Netflix Q4 profit up 45% to $22.7M – Silicon Valley / San Jose Business Journal:
My goodness! Is this what happens with a company does it right? I don’t use netflix, but I highly approve of their business practices, ranging from dvd renting to online streaming of movies. Legally. Legally streaming movies. crazy isn’t it?Favorite This!
3 thoughts on “Netflix Q4 profit up 45% to $22.7M”
I love Netflix. They have a huge selection including all those great movies no one has heard of. It takes a little bit of time to input enough ratings for them to accurately predict what movies you’ll like, once you do, their recommendations are spot on.
I’ve been a happy customer of Netflix for more than four years now. They do good stuff.
@nyokki: I’ve never paid attention to the recommendations at all. Hmmm.
@outofocus: When I lived in NYC, there were so many small independent theaters that I always seemed to know what foreign and independent films were out there. Living in WV is pitiful in terms of movies. I sometimes get to DC to watch some of the more controversial movies, but not much else. I hadn’t realized how many movies I was missing. Mom would tell me about some of them, but my tastes can run to the more ridiculously terrible sexual horror movies (e.g. “Ichi the Killer”) than my mom’s. Netflix lets me know about movies that I had no clue even existed. It takes a bit of time, but once you get enough ratings done, Netflix is pretty good about suggestions.