<< Read Full Article
<< Read Full Article
Netflix (NFLX Quote) is a surprising success considering one analyst calls its business model lame and the company's spokesman calls it lucky.
Yet for competitors such as Blockbuster (BBI Quote), the Netflix story offers lessons in well-timed innovation.
Michael Pachter, research analyst with Wedbush Morgan, says that Netflix has been incredibly serendipitous, with much of the success due to founder and CEO Reed Hastings' vision and his persistence. In fact, the company's success is even more shocking considering how unsexy the business idea was at its conception. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,441.12 | 1,109.18 | 2,206.91 | 35.96 |
Oil *
73.55
|
|
DOWN
10.88
|
UP
1.25
|
UP
5.86
|
DOWN
0.07
|
10 Yr
3.60%
SPDR Gold
111.59
|
|
-0.10%
|
+0.11%
|
+0.27%
|
-0.19%
|
Data delayed 20 minutes |
Connect with TheStreet