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What is netflix's net income from 2010-2017 and what are the reason for upturns and downturns...

What is netflix's net income from 2010-2017 and what are the reason for upturns and downturns through those years.

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Answer #1

Netflix's net income from 2010-2017 (net income in million U. S. dollars)

2010 160.85

2011 226.13

2012 17.15

2013 112.4

2014 266.8

2015 122.64

2016 186.68

2017 558.93

The reason for upturns through those years is the constantly increasing number of Netflix streaming subscribers over the years, surpassing the 100 million mark in the second quarter of 2017. Secondly, due to its global expansion strategy the global figures have been on the rise in the last few years. Its global expansion has a direct impact on its earnings, as the company's annual revenue increases.

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