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Is Netflix More Popular Than Cable?

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

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NASDAQ: NFLX

Netflix, Inc.

Market Cap

$83B

Today's Change

(1.56%) $2.87

Current Price

$186.35

Price as of May 20, 2022, 4:00 p.m. ET

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 1.56%) 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.

Stocks Mentioned

Netflix, Inc.

NFLX

$186.35 (1.56%) $2.87

Meta Platforms, Inc.

$193.54 (1.18%) $2.25

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