Netflix Rattles Investors by Ending Subscriber Disclosures — but Apple’s Similar Strategy in 2018 With iPhones Was a Big Success
Netflix made a surprise announcement in reporting its (very good) first-quarter 2024 results this week: The streaming TV powerhouse will stop reporting quarterly subscriber figures starting in 2025. In response, Netflix shares have taken a hit: The stock is down 8.7% Friday on the news, as investors fret that the lack of visibility into the […]