$Nflx I thought aapl and dis+ launched this quarter?
Nflx on autopilot. Market likes autopilot.pic.twitter.com/YxX9nE01ur
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Second deriv for subs has rolled over, so needs to start to inflect for FCF if stock is going to work.
1H net adds likely flat yoy. Comps get easy lapping px hike + mgmt calling out timing of content. Competiton bears should throw in towel. Investors correctly look at gaap accounting which matches price paid by consumer to the cost of the content watched I think grinds higher
Yeah it could. These growth transitions are tough to time. If/when bottom line starts to inflect without further net adds deterioration stock will work well.
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