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Meg Whitman said in an interview on CNBC that the company will be going into 3D printing from the enterprise side and will be using the Israeli technology. The announcement will be made in the fall. The toner business has shared technology with 3D printing. This is the most important area for the company to drive future growth organically. Cost cutting cannot go on forever. The 3D business can drive substantial revenue growth 2 years from now.
*$1,200 per year
The Sales Navigator is a form a social selling which allows LinkedIn to monetize its data that it has on its users. The tool costs sales companies $1,200 and, according to LinkedIn, makes sales people 51% more likely to hit their quotas. The product is much more successful than cold calling because it allows companies to use the information that LinkedIn provides to have a better sense of who is the right person to be selling their product to.
David Wells stated that the company would have been close to break even in the third quarter if the company did not decide to enter the new markets that it will be entering into this year. It is clear that the company's international strategy is working. Near term profitability is not important. Expansion is is important and this is what the company is correctly focusing on.
Reed Hastings stated that the increase in prices had no noticeable effect on the business. This is likely because Netflix offers the consumer value that is well beyond what it charges for the service. For most companies this wouldn't be a big deal, but because of the huge backlash from the price increase in 2011 it is very encouraging to see that the company got it right this time.
Reed Hastings stated on the conference call that net adds continued to increase in Brazil even during the World Cup. He cited the consumer's enjoyment of on-demand viewing. This probably also has to do with the great content as well. The fact that the company is in the on-demand space makes it successful; the quality content is the moat that surrounds Netflix and allows it to fight off the competition.
Content obligations rising faster than revenues on an absolute basis. Up $1.4 billion from a year ago, and $7 billion of those obligations are due in the next three years. blog.newconstructs.c...