Is Netflix More Popular Than Cable?

By Demitri Kalogeropoulos – Apr 20, 2013 at 10:00AM

NASDAQ: NFLX

Netflix

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$263B

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(0.59%) $3.61

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Four billion hours of the company's content was delivered to customers over the last three months.

At 4 billion hours of video delivered last quarter, Netflix's (NFLX 0.59%) latest update in its popularity has the company in the same league as some of the most watched cable channels on TV. Fool contributor Demitrios Kalogeropoulos puts this figure in perspective, and discusses what -- if anything -- it says about the company's subscriber growth.

Fool contributor Demitrios Kalogeropoulos owns shares of Netflix. Erin Miller has no position in any stocks mentioned. The Motley Fool recommends Facebook and Netflix. The Motley Fool owns shares of Facebook and Netflix. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.