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Friday, July 25, 2008

Smart Money, Mad Money, Mo’ Money Added to Netflix CEO Rental Queue

The slowing economy has been kinder to Netflix than most. On Friday the online DVD rental pioneer posted its sixth consecutive quarter of profit, handily beating estimates. Analysts, on average, had expected Netflix to post a second-quarter profit of 40 cents a share. Instead, the company reported a profit of 42 cents a share.

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About John

John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »

Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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