Netflix 4Q profit up 45 pct, defying recession

Posted on January 27th, 2009 by ElectroGeek

SAN FRANCISCO (AP) — Netflix Inc.’s fourth-quarter profit climbed 45 percent to surpass analysts’ estimates Monday, propelled by the widening appeal of its relatively inexpensive DVD rental and Internet streaming service during a budget-crimping recession….

Full Story Via Associated Press

Filed under: Technology News

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