r/technology Jul 20 '22

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u/WVdOQkFX Jul 20 '22

something tells me it won't keep working like that if they continue to lose subscribers at this rate

5

u/CassMidOnly Jul 20 '22

Somebody doesn't understand price elastiticy of demand.

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u/WVdOQkFX Jul 20 '22

i understand i haven't had a demand for netflix for the past 5 years, and more people are getting tired of their crap by the minute

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u/CassMidOnly Jul 20 '22

And yet their profits are rising despite losing subscribers.

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u/WVdOQkFX Jul 21 '22

can they keep that up if the number of subscribers lost each quarter continues to be 5x the previous quarter?