CyberPanda
Banned
Well here is their splash screen..
And how many owned the Dreamcast and do you remember their "Its thinking" ads?
Gosh. I miss Dreamcast. It was such an awesome system.
Well here is their splash screen..
And how many owned the Dreamcast and do you remember their "Its thinking" ads?
I like that name.The Streamcast will become reality. Mark my words.
Or the Dreamstream.
Dude I was gonna let this go but you made it personal and you're spouting nonsense so I figured it warranted a response.Cash burn is the amount they burning to keep operations going, they have a negative cash burn, you can't hide cash burn, when you run out, you run out. Just stop, you have no idea what you are talking about.
You can't hide cash burn, which is why they are taking on debt, if they were net flow positive they wouldn't need more debt. The cash burn has been $1-3 billion.
WRONGIt's probably just a controller and a usb dongle to play appstore games, but I'm curious nonetheless. Finally some "big" gaming news, been quite a drought lately.
10 hours.Could somebody calculate how many hours until the conference? All the time zone crap gives me a headache.
Outside the venue.
Same!(The DC is probably my favorite console though)
I'd love to be proven wrong.WRONG
Lol at the remote being nearly exact copy of Amazon's fire. (which could itself be a copycat)Here is a nice unboxing video from a tech channel that I follow. This is not the StreamCast (I also want it to be called that....but it isn't) it is a device Google is going to sell to combat the dominance Amazon currently has as far as streaming boxes go.
Could somebody calculate how many hours until the conference? All the time zone crap gives me a headache.
You actually did this yourself.Well here is their splash screen..
Well here is their splash screen..
And how many owned the Dreamcast and do you remember their "Its thinking" ads?
A Dreamcast, a PowerGlove, E.T. on Atari..... they only miss the Virtual Boy and they have the biggest failure in the videogames industry. Do they really wanna be next on that list?
(The DC is probably my favorite console though)
Translation:Outside the venue.
I'm calling it right now.
This thing is going to be a hybrid, and compete head to head with the Switch.
A streaming device with access to Sega's catalog starting with the Dreamcast nostalgia bite.
Maybe even a retro emulator built-in to download locally.
If they call it the Streamcast or the Dreamcast 2 and have access to Sega’s back catalogue, this might surprise a few people.
A Dreamcast, a PowerGlove, E.T. on Atari..... they only miss the Virtual Boy and they have the biggest failure in the videogames industry. Do they really wanna be next on that list?
(The DC is probably my favorite console though)
Dude I was gonna let this go but you made it personal and you're spouting nonsense so I figured it warranted a response.
Do you know what an income statement is? It's a company's statement of how much money they have coming in verses how much money they have going out. It's a useful tool as a business owner so that you can make sure you're not operating at a loss. Publicly traded companies have to file their basic income statements with the SEC, which I linked earlier in this thread. These statements become public record. Here is Netflix's statement from September 2018
Despite their "cash burn" or debt or anything else you claim is causing Netflix to lose money, they still made over $1,077,308,000 in net income in a nine month period ending Sept 30, 2018. The figures clearly show money coming in (Revenues) and money going out (cost of revenues, marketing, technology, administrative, interest expenses, taxes, etc). The articles you've linked so far are because investors are worried that Netflix is spending too much on original programming (a percentage of cost of revenues) or that they're taking on too much structured debt (interest expenses).
If (like you claimed) Netflix was losing money, it would be clearly visible here - the net income line would have parentheses around it, indicating a negative number.
Bringing this back to being on-topic: streaming services are extremely lucrative, as Netflix has shown us in the above image. Even if your operating expenses increased by a good margin for something like buying high-end server rendering equipment and higher class networking gear to help reduce latency in the data center, there is a massive untapped consumer market here and I suspect Google is in a good position to deliver. They have existing network architecture in place for their other business aspects, and they've got money to invest in such a venture going forward.
https://www.usatoday.com/story/mone...18-federal-income-tax-report-says/2886639002/Amazon pays no federal income tax for 2018, despite soaring profits
https://www.fool.com/investing/2018/01/28/take-netflixs-earnings-with-a-grain-of-salt.aspxWhat we know for a fact is that free cash flow is deep in the red. Netflix expects to eventually become free cash flow positive as revenue grows and content spending slows down in the future. But it's not even in the ballpark today, and it may be many years before free cash flow and earnings converge. ]
Take Netflix's Earnings With a Grain of Salt
The streamer's fuzzy numbers make it difficult to tell how profitable it really is.
The GAAP earnings numbers that Netflix reports should be viewed as fuzzy and inexact.
Netflix Is Selling $2 Billion of Junk Bonds to Fund New Shows
Well here is their splash screen..
And how many owned the Dreamcast and do you remember their "Its thinking" ads?
They same reason Amazon pays no taxes you don't understand accounting. You are spouting nonsense, just like the idiots were saying Sony had no money.
https://www.usatoday.com/story/mone...18-federal-income-tax-report-says/2886639002/
This will explain why they are negative cash flow and why you are an idiot spouting nonsense. (you started it)
https://www.fool.com/investing/2018/01/28/take-netflixs-earnings-with-a-grain-of-salt.aspx
You can't hide cash burn. If they were making money their cash flow would be positive and cash would be piling up. You are looking very foolish, kind of like the silly Sony has no money crowd last week. This is why their cash on hand went up a billion but debt almost $4b in 2018.
https://www.macrotrends.net/stocks/charts/NFLX/netflix/long-term-debt
Consider getting off the intertube, and off the video game console and go to school. Netflix burns cash as a business, about $1-3b a year in the red. There is a reason the bonds are junk bond range, duh. I have it (cash burn) under $3b for 2018.
Here is generally how you figure out cash burn rate, Netflix is fueling it with additional debt on the balance sheet, they added $3.87b of new debt to fuel the cash burn in 2018, of which $2.90b was actually used to fund the money losing business or burn. They added to cash reserves of $970m which is subtracted from the debt amount.
https://www.liveplan.com/blog/metrics-in-a-minute-cash-burn-rate/
The reason why they have to enter the junk bond market is their ability to pay it back is viewed negatively - which is why they have a negative credit rating. There is reasons to finance even if you have money but in Netflix case, the bonds are used to fund new content.... each subscription makes negative cash flow.
https://www.bloomberg.com/news/arti...ing-2-billion-of-junk-bonds-to-fund-new-shows
Netflix's business isn't streaming movies, its burning cash business. You can't hide cash burn rate, cash in minus cash out.
They are also leaving off nearly $10b of other liabilities from the balance sheet.
https://www.zerohedge.com/news/2018...d-offering-enough-fund-two-quarters-cash-burn
I thought Netflix was making money by now. Why does wiki say they made a profit in 2018?
Profit and cash-flow are related financial measurements in accounting but they are not directly linked. Profit is a measure of an company's ongoing sustainability while cash-flow is a measure of the company's ability to pay its bills as they become due.
https://imarticus.org/how-can-a-profitable-company-can-go-bankrupt/Cash Flow is the king for business owners, without which businesses can get caught in the situation and in spite of being profitable may end up going out of business.
That red letter S for the logo must be part of the Dreamcast spiral logo. Pretty clever!
I'm hoping the Streamcast has at least some hardware that hopefully we could do other things with it besides just having access to a Google server (like install retro emulators at least
D DanielsM Am I in a Netflix financial assessment thread or a hype thread for a new Google console?
And for someone who posted a crapton of links in an effort to apparently seem authoritative on the subject, your arguments are so insanely frustrating to follow...not to mention you're talking down to people and calling them idiots for having a different read on the financial results.
You could very well be right in everything you're saying...but from a purely "moderation" lens, you're acting like an asshole and are wildly off topic. It isn't my job to determine who's right or wrong, but to keep the peace.
Targeting users and calling them idiots without any kind of prompting or justification while also posting about something completely off topic at this length is just silly.
No more. No more Netflix financial chat. No more calling people idiots because you don't like what they're saying.
The red swirl logo looks like that Bink video player that old Blizzard games used for their cinematics. Diablo 4 Exclusive for the Google Swirl™, confirmed!.