The Netflix Inc (NASDAQ: NFLX) stock price has been a blockbuster (hurr, hurr) stock to own for many years.
In the past five years, Netflix stock is up from just $50 to over $360. But go back to 2002, when Netflix was posting DVDs to customers from its online portal, the media-technology business had a stock price of around $1.
I know what you’re thinking… everyone knows Netflix is the best investment that could have been, right?
Here are three things you might not know about Netflix Inc:
1. Netflix Has 150 Million Subscribers Worldwide
In 2018, Netflix had an enormous 150 million video-streaming subscribers. That’s up from around 23 million in 2011.
$15 per month might not be much to you and I — but if you get 150 million people willing to pay it’s enormous.
2. Netflix Accounts For A Quarter Of All Global Video Streaming
Think downloading illegal movies from Pirate Bay is taxing on your PC?
Try allowing 100+ million subscribers to download at 4K quality from anywhere in the world.
According to the 2018 Sandvine Global Internet Phenomena Report, Netflix’s video content (26%) accounted for more streaming than Amazon.com Inc (AMZN) (6%) and even YouTube (21%). Keep in mind YouTube has over 2 billion users!
3. Netflix Spent $US12 Billion On Content In 2018
According to Variety, in its 2018 financial year, Netflix spent around $US12 billion ($17 billion) on content. Think of the Netflix Originals you watch. That stuff often takes years to film.
From a thick-skinned, long-term shareholder’s perspective, Netflix has been a life-changing investment and that’s unlikely to change anytime soon. But if you think you missed out on all the fun, think again…
Australian investors can open a US brokerage account and buy Netflix shares if they choose. Then again, there are many Aussie technology success stories right here on our doorstep, like those two in the free report below…
After searching through a market with over 2,000 shares, our lead expert investment analyst has narrowed it down to just 2 of his favourite rapid-growth shares in a FREE report to Rask Media readers.
Over the past five years, these two shares have gone from being 'tiny caps' to being serious contenders for the ASX 200.
Idea #1 is taking on the world, starting with the huge USA market. In a just a few short years the company has snatched market share away from rivals and is on its way to being the market leader.
Idea #2 uses a 'printer and cartridge' type model to get large and established customers: a) using their healthcare industry-leading product, b) paying for it again and again and again... so it's little wonder this company is tipped to grow at a rapid pace in 2019.
Access the free report by clicking here now. Absolutely no credit card or payment details required.
Disclaimer: Any information contained in this article is limited to general financial/investment advice only. The information has not taken into account your specific needs, goals or objectives, so please consider consulting a licenced and trusted adviser before acting on the information. Please read The Rask Group’s Financial Services Guide (FSG) for more information. This article is authorised by Owen Raszkiewicz of The Rask Group, which is a corporate authorised representative No. 1264179 of Strawman Pty Ltd (ACN: 610 908 211) (AFSL: 501 223).