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Tuesday, 25 October 2011

NFLX Loses 800000 Subscribers Of United States And Is Projected To Lose Even 600000

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NFLX (Netflix Inc) Q3 profit big leap with 65% of their income, but the company predicted the weak response in this quarter. Shares dipped to 19 per cent to 96 hours.

 Fall will manage NFLX in revenue, on which Organizations relying on to finance the development plans of Netflix, while shells from the huge bill for Internet video, streaming rights. The company expects to post losses in the quarter of next year, at a time when it will begin selling its steaming service in Ireland and Britain. However, NFLX not to disclose additional information in addition to stating that the company is not looking to expand overseas market before the time the company starts making money again.

Even a little expansion plan satisfies Wall Street, as a company, dropped more than a quarter of its worth since shortly after the break the bad news on the market, if this decisive step is still bidding on Tuesday, the company's shares will go below $ 100 for the first time in a year.

The company's shares fell to $ 32.01 86.83 or nearly 27 percent in extended trading on Monday. This is the latest delay for ex-company's much-loved the stock market, shares rose and over 300 recently or to be precise 4 ½ months ago. Market value of companies have already dropped by almost 60%, close to $ RUSAL. These figures are up to the end seller off on Monday.

Netflix (NFLX), which is Los Gatos, on the basis of the company closed, with 23.8 mn subscribers in the United States has declined to almost 800000 subscribers since June. The company expected that it would drop about 600000 subscribers in the United States estimates published on Sept.


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