Thursday, April 28, 2011

Netflix is 3.6 million customers in Q1

San Francisco — Netflix contained another rousing performance in the first quarter, its video subscription service to attract more customers to 3.6 million to increase the audience in the United States to about the same size as America's leading cable television,The Netflix logo.<br /> company ?"????? by Paul Sakuma AP

Logo of Netflix.

By Paul Sakuma, AP

Logo of Netflix.

But the achievements were overshadowed by NAB announced Monday a disappointing forecast for the current quarter, a period when the growth of subscription to Netflix's always slows down that people take vacations, and much more.Outlook cautious investors pause over some already concerned that the revenue be squeezed as the company Netflix s facing more competition in the market for Internet video streaming. Netflix's streaming success at the beginning of the movie and TV shows through high-speed Internet connections have anti-tank of a leaf of the company's stock price by about eightfold since the end of The 2008 shares two retreating backtracked, $13.27, or 5.3 percent, to 238.40 on extending trade after Netflix's Q1 numbers and outlook export. After more than 3 million customers in the second quarter in a rowNetflix ended March, 23.6 million subscribers in the United States and Canada. Athletes, amounted to a million are in the USA the same number of households subscribing to Comcast's cable TV service at the end of December. ?"????? is scheduled to release its numbers March next week, when the reports first quarter results.Netflix, which is based in Los Gatos, is now part of the Entertainment menu in one at households. What s USA five very clear love Netflix streaming is consumers, Reed Hastings, CEO, said in an interview Sunday, said this. Hastings, he doesn t view Netflix as a threat to the ?"?????. He believes that most consumers still consider cable TV to be more critical than streaming video as a result, he has been trying to place a Netflix's streaming video service that can help such as the ?"????? and other cable pull and save additional subscriptions for their high-speed Internet services.Some Internet service providers begin to crack heavy users of Netflix's streaming service by threatening to impose an additional cost to households that exceed certain limits downloads. Netflix responded to new limits imposed by Rogers Communications Inc. in Canada by programming his service ever in this country, so that devour smaller bandwidth. Netflix earned 60.2 million, or $ 1.11 any, in the first quarter. It was up to 87 percent of 32.3 million, or 59 cents in any, at the same time last year the results were 2 cents ... any above average estimate among analysts surveyed by FactSet. Revenue rose 46% 719 million about 13 million, above analyst estimates. monthly stream Netflix charges $ 8 movies and TV shows over high-speed Internet connections. Most customers pay a little more each month, they also rent Dvds delivered by mail. Company's price was almost $ 12 subscription in the first quarter from the previous year, an average $12.90, management and programming of additional laliot as stop customers rented DVDs The company is trying to nudge its. subscription video stream more often to help lower its expenses. In the process, hopes to make more money to Netflix to buy more compelling material for its streaming library, now there are more than 20,000 titles. Netflix has spent 192 million dollar rights flow in the first quarter, nearly quadrupling the amount spent at the same time last year the success of the company's ... Netflix machlla to extend the streaming service Canada last fall. Netflix plans to enter a different name to market outside the United States in the second half of the year, and then move into another country at the beginning of next year, Netflix expects. normally its growth the fine off in spring and summer. Management is another gear for 1.3 million up to 2.25 million subscribers in the second quarter, improving over a million last year s duration during the period April-June. The company projected revenue in the second quarter as $1.15 any, below the average analyst estimate of $1.19, according to FactSet.

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