Netflix caught some slack over the past year for moving to on online format from a mail delivery dvd format. The move is finally starting to pay off as Netflix posted a $6 million gain for the quarter. Revenue was at $889 million with profits of $.11 per share. It was expected the company would make $.04 per share. Netflix also reported that the company added 1.09 million online subscribers while losing 850,000 dvd subscribers. That brings the total number of subscribers up to 24 million subscribers.
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Co-owner and Editor-in-Chief of GizmoNinja.com.
During the day I work in graphic design and also do photography. By night I try to play with programming and code of all different types. I love the opportunity to write for the site and hope to see it grow as time goes on.