Netflix is now worth more than Comcast

Re:Netflix is now worth more than Comcast by Karishma1234 on Thursday May 24, 2018 @11:37AM (#17145039)

Comcast's net profits per subscription is $5 per month. So Comcast on an average makes $60 profit per subscriber. I will not be surprised if Netflix would hit that goal in next 2 years or so. After all profits is what matters and not net income.

Comcast has to employ thousands of support people in India, thousands of technicians all across the USA, cut deals with city administrations, ply those cable lying vans and what not. It is sad that despite all this Herculean work Comcast gets bad rep and very little profits.

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Re:Netflix is now worth more than Comcast by pishpash on Thursday May 24, 2018 @02:28PM (#17146867)

Billions of dollars of earnings per quarter is "very little profits" -- okay. If that's too little on account of costs, Comcast can feel free to find ways to reduce costs or innovate, you know, like Netflix.

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Re:Netflix is now worth more than Comcast by Karishma1234 on Tuesday May 29, 2018 @12:33PM (#17180684)

Or they might start a Oil refinery or brothels in Amsterdam or a start selling aspirin ? Why do I care what they do. I am only pointing out that Comcast has huge operational and capital expenditure compared to Netflix. It is not some value judgement on who is better.

BTW Comcast has reduced its expenditure considerably by moving nearly 80% of its support jobs to India.

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