Defending the Living Room from Apple

Defending the Living Room from Apple | MIT Technology Review: "One comment of his in particular during his LBJ talk is attracting a lot of note. One would think that the natural competition for a new console would be the legacy players in the console business. Not so, says Newell:
“The threat right now is that Apple has gained a huge amount of market share, and has a relatively obvious pathway towards entering the living room with their platform… I think that there’s a scenario where we see sort of a dumbed down living room platform emerging — I think Apple rolls the console guys really easily. The question is can we make enough progress in the PC space to establish ourselves there, and also figure out better ways of addressing mobile before Apple takes over the living room?” . . . ."
Netflix stock: Fold this house of cards - The Buzz - Investment and Stock Market News: " . . . If you've stuck with Netflix shares since those dark days of price hikes, subscriber defections and the ill-fated (and quickly abandoned) plan to rebrand the slowly dying DVD-by-mail service as Qwikster,  you must be happy. Vindication may soon be here. Or will it? I've written several times about why I think Netflix is overvalued. If you want to say that I'm wrong and don't know what I'm talking about because the stock has continued to surge, go ahead. But I'm Tom Petty. I won't back down. Netflix is trading at 160 times 2013 earnings estimates. That is not sustainable. Sure, analysts have been busy raising their earnings forecasts now that the company has stopped the subscriber bleeding. But any investor looking to buy Netflix now, thinking that it's nothing but clear skies ahead, should look closely at this next series of charts. . . . "

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Popular streaming channels: Netflix: The king of movie and TV show streaming. $7.99/mo. YouTube: User-submitted videos and some original programming. Free. Hulu Plus: TV shows days after they air and some movies. $7.99/mo. Amazon Prime: A strong Netflix competitor with other Amazon benefits. $79/year. Crackle: Movies and TV mostly from Sony's library. Free. Vudu: Movie rental site owned by Walmart. Fees per movie

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