On an earnings roll, Netflix eyes streaming video market as new frontier - David Schepp

Sign Up | Log In | What is SocialPicks?

On an earnings roll, Netflix eyes streaming video market as new frontier
Oct 25, 2009 08:40 PM UTC

David Schepp

Return	Risk
+0.00%	N/A

Tracked Blogger

Profile & Performance

Subscribe to author

Symbol	Sentiment	Start	Return	Closed
BBY	n/a
NFLX	n/a
BBI	n/a
MSFT	n/a

Via BloggingStocks:

Filed under: Earnings reports, Forecasts, Products and services, Consumer experience, Competitive strategy, Microsoft (MSFT), Netflix, Inc. (NFLX), Stocks to Buy

You got to hand it to Netflix Inc. (NASDAQ: NFLX). At a time when movie rental houses -- chief among them, rival Blockbuster Inc. (NYSE: BBI) -- are struggling to keep their doors open, Netflix is prospering, rolling out new initiatives and finding new ways for video-hungry consumers to watch movies.

On Thursday, co-founder and CEO Reed Hastings told investors on a conference call that the company will soon partner with another consumer-electronics maker to make streaming video available on more devices. That's on top of deals Netflix has already struck with Microsoft Corp. (NASDAQ: MSFT) and its Xbox, which expires next month, and Best Buy Inc. (NYSE: BBY), with its line of Insignia brand Blu-Ray disc players.

Continue reading On an earnings roll, Netflix eyes streaming video market as new frontier

On an earnings roll, Netflix eyes streaming video market as new frontier originally appeared on BloggingStocks on Sun, 25 Oct 2009 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Read the rest of original post »

Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment

IN THE PRESS

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.