Netflix, Inc. (NFLX): A Look At Its Peers

Conclusion

We’ve been hearing a good degree of noise recently about how millions of people possibly watch Netflix for free. And when you think about it, there’s a darn good reason for that. Unlike Google and Amazon, Netflix doesn’t offer devices to play their content. They should, however, when you see that the competition is heating up. Netflix, Inc. (NASDAQ:NFLX) devices would enable the company more control and increased profits.

Of course, they still need to watch their expenses. Those need to come down to more realistic levels. Long-term, streaming will be a good business to bet on. Let’s just hope Netflix CEO Reed Hastings mitigates some of these overall risks in his business model.

The article Netflix and Its Frenemies originally appeared on Fool.com and is written by Daniel Cawrey.

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