Netflix continue its journey to heaven. Straight up, and so goes the stock price. Netflix will go straight up from start today. Whats interesting to see is that Netflix now has more subscribers outside the U.S then inside its own borders.
Netflix said in its streaming video that «This would mark the first ever annual contribution profit from our international segment.»
Netflix said in a letter to its shareholders that it «crossed the symbolic milestones of 100 million members and more international than domestic members» in the latest quarter, ending it with 52,03 million international and 51,92 million U.S subscribers.
Yesterday, Netflix said they beat second-quarter earnings expectations as hit originals, such as House of Cards and Orange is the New Black. Those are two examples of popular films that many of my friends are following regularly.
The stock price continues to rise and so are their popularity. The winner takes it all.
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