Netflix Adds Less Than 2 Million Subscribers This Quarter

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		Tech Media Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Monday, July 25, 2011 Netflix Adds Less Than 2 Million Subscribers This Quarter Netflix posted better than expected earnings this afternoon, but its stock plunged because of weak revenue and a warning that some subscribers might defect because of a recent price increase. The quarter also showed a dip in new subscriber growth. That's mainly because of seasonal patterns that Netflix investors are used to seeing, but the Q3 price increase means that Netflix might not be able to make up the growth as easily later in the year. Read » Also On SAI Today: The Ex-Leader Of Microsoft's Fastest Growing Business Lands At Juniper Networks Netflix Is Coming To Facebook Soon -- But Not In The U.S. Meet AOL's New Sales Boss, Ned Brody Tweet, Like And Nestio: Techstars NYC Startup Gets Its Own Button On Two Major Rental Sites Advertisement CHART OF THE DAY: In Case You Had Any Doubts About Where Microsoft's Profits Come From CHART OF THE DAY: Microsoft Burns Another $728 Million Online CHART OF THE DAY: Yahoo's Revenue Since Carol Bartz Took Over Share this: Buzz Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.careers@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the SAI RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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