Netflix added 8.8 million subscribers in Q3 2023, exceeding analyst expectations of 6.2 million. This indicates continued demand for the streaming platform despite increased competition. The company's revenue and earnings per share both came in above analyst estimates, suggesting strong financial performance.
Howevee, there is macroeconomic uncertainty: A potential economic slowdown could impact consumer spending on streaming services.
Overall, i will choose to wait and see. If prices drop further, i will likely nibble a bit.
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