There's a new Netflix
This works anywhere you have a Wi-Fi or 3G connection -- your home or office, commuting on the train, airports, etc.
Bottom line: This is good news for Netflix as this catches on, especially in conjunction with this week's announcement that Netflix streaming will also be a part of Apple TV's new $99 set-top box. It provides a lot of incentive for customers to sign up for a new account (or keep their existing one). Management has shown an uncanny ability to stay one step ahead of would-be killers in this industry like Wal-Mart
These "killer apps" are also golden for Apple, and provide a great example of a symbiotic relationship where each company's products or services make the other company more valuable.
Watch Rex's video here:
Fool analyst Rex Moore did not really cry over Steel Magnolias. He owns no companies mentioned in this article. Wal-Mart Stores is a Motley Fool Inside Value recommendation. Apple, Amazon.com, and Netflix are Motley Fool Stock Advisor selections. The Fool owns shares of Wal-Mart Stores. Try any of our Foolish newsletter services free for 30 days. True to its name, The Motley Fool is made up of a motley assortment of writers and analysts, each with a unique perspective; sometimes we agree, sometimes we disagree, but we all believe in the power of learning from each other through our Foolish community. The Motley Fool has a disclosure policy.