For 1st Quarter of 2011 Netflix Posts 88% Growth

April 28, 2011 - PRLog -- Tagclouds:Netflix,laptop battery,laptop batteries,laptop ac adapter,camcorder battery,digital camera battery,Two Ways Radio,Scanner Battery,Toshiba PA3589U laptop adapters,Dell latitude d620 laptop batteries,Dell vostro 1520 laptop batteries,Jvc BN-VF707U camcorder  batteries

Netflix scored a victory early this year as it http://www.goodlaptopbattery.com.au/laptop-ac-adapter/toshiba/pa3589u.htm attracted 3.6 million more US subscribers for the first quarter of this year making the company match the customer base of the largest cable tv operator in the US, Comcast. This is an 88% increase from the last year’s first quarter records.
Despite the increase in the number of subscribers, stocks still fell by 5% due to a gloomy forecast for the present quarter. This is the season when people go on vacations and go outdoors. Investors are also worried that competition from several upstart http://www.goodlaptopbattery.com.au/dell/latitude-d620.htm  video streaming companies might hurt Netflix.

The online video streaming business is doing well this year as more and more people have access to a stable broadband connection. Compared to regular cable tv where you have to pay at least $50 a month, Netflix only charges you $8 a month for unlimited http://www.goodlaptopbattery.com.au/dell/vostro-1520.htm  video streaming.
Netflix almost actually beat Comcast in the number of subscribers in the US but missed the mark by 5,000. On a global scale however Netflix has 23.6 million subscribers which easily beat out Comcast that has 22.8 million subscribers.

For the first quarter of this year alone the http://www.goodlaptopbattery.com.au/camcorder-battery/jvc... company has made a profit of $60.2 million which is double of what it made a year ago.

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