The above chart is from the Seeking Alpha article Netflix Problem In One Simple Chart.

I condensed the chart so that it better fit on a page and I also added a bézier curve.

The full chart shows Netflix has lost money every quarter since 2012.

I seldom link to Seeking Alpha because they make you register to read articles in one page, otherwise, they make you scroll through stuff one page at a time. In this case, five pages.

RECOMMENDED ARTICLES

This kind of user unfriendliness does not promote link sharing. Some people do not like subscribing out of fear there email address will be sold and they will be bombarded with crap.

I am an actual subscriber, yet the site cannot even bother to remember that. It asked me to login or subscribe to keep reading.

I stopped reading on page 2. It does not take five pages to understand that chart.

Netflix is very dependent on the bond market. If the bond market revolts before it can turn a profit, the company will cash in bankruptcy.

Mike "Mish" Shedlock

GM to Have Robotaxi Service by 2019: Can Uber Survive?

GM claims it will have a fleet of robotaxis by 2019 and that will be its biggest profit-maker within a decade.

Will Globalization Survive Trump?

I have been a strong proponent of the notion Trump is likely to start a global trade war.

Necco Survives: Plaster or Yummy?

I was quite fond of Necco wafers as a kid. Others compare the candy to chalk or drywall.

$250 Trillion in Global Debt: How Can That Be Paid back?

Global debt just topped $250 trillion. Please ponder paying the interest on that, let alone the principal.

Can the Fed Can Fight Wealth Inequality?

Minneapolis Fed President Neel Kashkari hired an Obama economic advisor to help the Fed fight income inequality.

Rate Hike Spotlight: Interest on National Debt; What Can Possibly Go Wrong?

Despite GDP rising, unemployment rate falling, and interest rates near zero, interest on the national debt has soared.

Illinois' Demographic Collapse: Get Out As Soon As You Can

Illinois is losing residents as inbound migration and births are on the decline and outbound migration is on the rise.

It's Likely You Can Refinance Your Mortgage At a Lower Rate

Mortgage rates are approaching record lows. Investigate refinancing.

Can We Please Try Capitalism? Just Once?

Capitalism is under attack. Charlatans in every corner cry for more state intervention. Trump is even in on the attack.