$Netflix(NFLX)$
When the company hits 300M subs? How about 500M subs? Maybe it's 1B subs?
How about when every man, woman, and child on Planet Earth are signed-up? Then what, Mars??
No one believes their subscription numbers anyway, right? And WHO decides when enough is enough? Barron's? Fortune? Some Ivy League analyst?
Apple figured out this ridiculous no-win argument back in DEC 2018 when they stopped reporting hardware unit sales, since this data did a terrible job revealing Apple's real business health -re: App Store, Apple Music, ApplePay, AppleTV, etc.
AAPL is up 400% since then, even with their current selloff.
So, kudos to Netflix for doing the same thing and forcing Wall Street to pay more attention to their actual business, as in earnings and revenues -which they beat handily last quarter.
Btw - Netflix doesn't stop reporting new subs until Q1 2025, which they also beat by 2X last quarter. Go figure.
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