/biz/ - Business & Finance

>>53560694
Last year was the first time their profits have fallen but I would predict that they'll see another fall in profits this year as inflation hits people's pockets more and more subscription services will be the first thing that people cut loose, especially those that are hiking their prices while delivering subpar products.
Netflix had a first to market advantage over everyone else but their content is a far cry from where it was five years ago, they no longer have deals with Disney or any of the other new rival streaming services to show their products and they aren't producing anything new of value, there's also no pandemic forcing people to stay in their homes.
Posting their share price just shows how fake and gay the stock market is and how their stocks are vastly overvalued.