Netflix is now worth more than Comcast

Post by Karishma1234 » Tue, May 29, 2018, 4:33 PM UTC

pishpash wrote: post #86

Karishma1234 wrote: post #27

Earlier quoted context omitted.

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 w…

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.

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.

Post by rconti » Tue, May 29, 2018, 7:59 PM UTC

scarface74 wrote: post #128

rconti wrote: post #42

Earlier quoted context omitted.

There's no way that's true unless you live in a really messed up market, taxation-wise. Here in the SF bay area I have gigabit internet through comcast and allow them to shove their "basic" cable TV service in my general direction (it's not even hooked up) because it 'saves' me $5 or $10 or whatever per month on my internet charges. (All I know is the total bill is $144 which is less than the advertised rate of $169…

There is also the $10 "HD Technology Fee". If you have multiple TVs it's $10 for each additional set top box per month. I know our 6 TVs is a little extreme but that by itself would be an extra $50 a month.

Ah. I have no idea what kind of box they gave us, it just sits in the attic. I've got 3 TVs; 1x 4k and 2x 1080p but they're all hanging off the TiVo Bolt and TiVo Minis.

We're definitely not getting charged an extra tenner for an HD box.

Re: Netflix is now worth more than Comcast

Re: Netflix is now worth more than Comcast