Heard on the Street: Netflix has new competition from Apple and Disney, but its international growth should be enough to keep the stock humming
Netflix is far and away the dominant player among streaming platforms. As rivals including Walt Disney and Apple have amped up investments and unveiled their own streaming plans, Netflix investors have appeared mostly unfazed—though they did falter a little when Disney announced its streaming plans last week, sending Netflix shares down 5%. On Tuesday, some of those anxieties resurfaced.
The company posted first-quarter earnings of 76 cents a share, soundly beating estimates of 57 cents a share, and revenue of $4.52 billion—a...
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Netflix investor isn't worried about Disney, Apple streaming services — Netflix is 'future of film'Netflix shouldn't be worried about streaming wars, Morris Mark, CEO of Mark Asset Management, said Tuesday ahead of the company's fiscal earnings.
Leer más »
Disney Plus isn't a 'Netflix killer,' but other streamers like Apple should be worriedDisney unveiled its Netflix rival, Disney Plus, on Thursday, and some industry observers dubbed it a 'Netflix killer.' It's not.
Leer más »
Netflix says it's not worried about Disney or Apple encroaching on its turfNetflix says the streaming pie is big enough for other players as millions of people turn away from the traditional cable bundle and live linear television.
Leer más »
Disney+ is the service Apple wantsApple and Disney launched their streaming service events at nearly the same time, but Disney had the roll-out and the product Apple should desire.
Leer más »
Stocks making the biggest moves premarket: JP Morgan, Apple, Disney, Boeing, Tesla & moreSome of the names on the move ahead of the open.
Leer más »
Here are the biggest analyst calls of the day: Apple, Disney, Under Armour, homebuilders & moreHere are the biggest calls on Wall Street on Wednesday
Leer más »
5 reasons why now is the best time to buy an Apple WatchThe Apple Watch is easily the most personal device Apple has ever created.
Leer más »
Apple will reportedly invest $500 million or more in its upcoming Apple Arcade subscription serviceApple is willing to spend big to get Apple Arcade up and running, and analysts believe gaming subscriptions could bring more revenue than TV or news.
Leer más »