Author Archives: Scalper1

Netflix U.S. subscriber growth a concern for Q4

While Netflix (NFLX) has green-field opportunities overseas, its domestic growth prospects might be hitting a wall. ITG Investment Research analyst Steve Weinstein on Thursday lowered his estimates for Netflix’s Q4 domestic streaming subscribers and revenue. He believes Netflix will add 1.13 million net domestic paid streaming subscribers in the fourth quarter, down from his previous estimate of 1.15 million new subscribers. His estimate is below

Pure Storage Targets EMC, NetApp As Storage Disruptor

The data storage industry is on the cusp of a revolutionary change that Pure Storage aims to lead. Pure Storage (PSTG) is a provider of data storage systems, for business and other enterprise users, that are based on a chip technology known as flash — similar to chips used in smartphones. Industry observers expect storage systems based entirely on flash chips will ultimately replace systems based on high-performance disk drives, with Internet