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They don't have to raise prices, they're just doing it because they can. They made 1.4B on 7.4B of revenues in their last reported quarter. [0] It's not like th
by OldTimeCoffee 5y ago
They don't have to raise prices, they're just doing it because they can. They made 1.4B on 7.4B of revenues in their last reported quarter. [0] It's not like these companies that are raising prices are losing money. Netflix is running a pretty consistent 20% profit margin.
[0]: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001065280/19cd535a-8c6f-4dc3-b287-49854592a0eb.pdf https://d18rn0p25nwr6d.cloudfront.net/CIK-0001065280/19cd535...