10-25-2011, 08:58 AM
They lost 5% of subscribers, and they're a "failure"?
They have more than 20 million subscribers? And the drop was 800k, less than a million?
What's the average annual growth in subscribers? 10+% growth per year?
They're doooomed..doooooomed...
Yeah, they stumbled. That's hardly a sign of imminent demise. I mock them, too. The CEO emails his nervous breakdown once every two months or so.
The market punishes hubris, and competitors can take advantage of their folly, their unforced errors. I'd rather see a company smack up against the wall after trying something nutty, than sit back and do nothing year after year.
The market rewards and/or punishes trial-and-error, the pain is swift if they ignore customer needs. Looking back at Netflix's ascent, crushing asleep-at-the-wheel, slow-to-adapt video stores, and dominating the disc-by-mail market, and being a contender in the digital content delivery market, it's hard to see this as much of a 'final verdict'. Just a snapshot of one year.
For the other 95% of their customers, I doubt they noticed anything happened at all. They still fire up their digital devices, make popcorn, and stream movies night after night.
They have more than 20 million subscribers? And the drop was 800k, less than a million?
What's the average annual growth in subscribers? 10+% growth per year?
They're doooomed..doooooomed...
Yeah, they stumbled. That's hardly a sign of imminent demise. I mock them, too. The CEO emails his nervous breakdown once every two months or so.
The market punishes hubris, and competitors can take advantage of their folly, their unforced errors. I'd rather see a company smack up against the wall after trying something nutty, than sit back and do nothing year after year.
The market rewards and/or punishes trial-and-error, the pain is swift if they ignore customer needs. Looking back at Netflix's ascent, crushing asleep-at-the-wheel, slow-to-adapt video stores, and dominating the disc-by-mail market, and being a contender in the digital content delivery market, it's hard to see this as much of a 'final verdict'. Just a snapshot of one year.
For the other 95% of their customers, I doubt they noticed anything happened at all. They still fire up their digital devices, make popcorn, and stream movies night after night.
