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Comcast's net profits per subscription is $5 per month. So Comcast on an average makes $60 profit per subscriber. I will not be surprised if Netflix would hit t
by Karishma1234 8y ago
Comcast's net profits per subscription is $5 per month. So Comcast on an average makes $60 profit per subscriber. I will not be surprised if Netflix would hit that goal in next 2 years or so. After all profits is what matters and not net income.
Comcast has to employ thousands of support people in India, thousands of technicians all across the USA, cut deals with city administrations, ply those cable lying vans and what not. It is sad that despite all this Herculean work Comcast gets bad rep and very little profits.
- pishpash 8y agoBillions of dollars of earnings per quarter is "very little profits" -- okay. If that's too little on account of costs, Comcast can feel free to find ways to reduce costs or innovate, you know, like Netflix.
- Karishma1234 8y agoOr they might start a Oil refinery or brothels in Amsterdam or a start selling aspirin ? Why do I care what they do. I am only pointing out that Comcast has huge operational and capital expenditure compared to Netflix. It is not some value judgement on who is better. BTW Comcast has reduced its expenditure considerably by moving nearly 80% of its support jobs to India.