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Filed under: Technology, Earnings, Netflix, Apple, Amazon.com
Amazon.com’s (AMZN) disappointing quarterly results Tuesday night may seem eerily familiar to Netflix (NFLX) shareholders.We have an online giant seeing its margins contract as it replaces physical delivery with digital delivery. Revenue’s growing. Profitability’s shrinking. There’s a gasp in the crowd when the dot-com darling reveals that it may post an operating loss during the first quarter of 2012.
Netflix went through this exact painful scenario a couple of months ago, and now it’s…
Netflix Tells Amazon: ‘Been There, Done That’ originally appeared on DailyFinance.com on 2012-02-01T14:30:00Z.
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DailyFinancePosted by FinanceGuru in Uncategorized
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