Re:Netflix is now worth more than Comcast
by mmanfrin on Thursday May 24, 2018 @05:00PM
(#17148368)
Netflix's quarterly revenue was $3.7bil representing a 40% YoY growth, and $400mil more than their previous quarter. Additionally, their net income last quarter was $290mil, not $185mil (that was the quarter previous).
Also you seem to have cherry picked quarters to compare, as last quarter Comcast actually had a net income of $3.12bil. The quarter previous was $15bil and the quarter before $2.9bil. I'm unsure what accounts for that single quarter spike, but using it as synecdochic of the whole is disingenuous at best.
Also you seem to have cherry picked quarters to compare, as last quarter Comcast actually had a net income of $3.12bil. The quarter previous was $15bil and the quarter before $2.9bil. I'm unsure what accounts for that single quarter spike, but using it as synecdochic of the whole is disingenuous at best.