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Comcast makes $5 per subscriber in profits per month. Netflix with $12 per month revenue might end up making $5 in profits pretty soon. That is all that matters
by Karishma1234 8y ago
Comcast makes $5 per subscriber in profits per month. Netflix with $12 per month revenue might end up making $5 in profits pretty soon. That is all that matters.
Also Netflix is not a Comcast competitor. Healthy Comcast network helps Netflix too. It is like saying SpaceX is bigger than Disney. Comparison makes no sense.
Netflix is not gonna hurt cable as much as ipod did not hurt FM radio. So I think people need to take a chill pill.
- jiveturkey 8y agoPretty sure you are arguing that NFLX is way overvalued. If so, I agree. The point about gross margin is what many have missed here.
- greglindahl 8y agoNetflix can have users world-wide, while Comcast's non-content-business is restricted to certain geographic areas. That matters. Also, the comparison makes sense as long as Comcast is purporting to be anything other than a dumb pipe. It's frequently the case than an industry gets disrupted by a company that's "not a competitor". As for me, I stopped listening to FM radio when I got an ipod. Not a competitor? Uhuh.