Anyone keeping up with this blog knows that I like Netflix Inc. (NFLX)
Recently they’ve taken the company in a different direction, choosing to move toward a full-streaming model and nearly make obsolete the DVD-by-mail portion of their business. The idea is simple: kill off DVDs, lay off workers and save nearly $1 billion. That is, of course, if they haven’t ticked off too many of their core customers already.
No More DVDs By Mail?
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Business
AAPL, BP, MSFT, NFLX, SNE
Apple Inc. (APPL) is taking a nosedive today on news that Steve Jobs will be taking a medical leave of absence. While this isn’t particularly good news, it isn’t that bad, either. Read more…
Stocks
AAPL, GOOG, HPQ, MMI, MSFT, RIMM
Apple stock was never on my radar until the PEG ratios caught up with the price of the stock. Now that Apple stock is seeing good fundamentals line up with the technical there is plenty of reason for an investment. With a PEG ratio of 1.34 it’s playable, that’s not a bad ratio for a stock in a premium industry like tech. Read more…
Investing
AAPL
If Steve Jobs announces a new iphone as many expect, the next generation phone should bring some amazing marketshare. The apple way is to produce shiny, exciting products but lapse a bit on core features. The original iPhone was said to be the best smartphone though it lacked features like 3G, email support for business users, GPS, and came with only a modest selection of software because of the monopoly Apple imposes over its devices. Read more…
Stocks
AAPL
Bernanke talks the markets listen as the Dow has hit its second largest gain of the year jumping 212 to 11,011. Just as the Dow struck gains so did the NASDAQ 37.49 and the S&P 22.95. A very positive outlook on today’s markets. Read more…
Stocks
AAPL, Ben Bernanke, DOW
