About Quote by Reed Hastings
“Well, we're about 24 million subscribers today, and that's up from about 15 million a year ago, so it's a very high rate of growth, and that's what's exciting about the business - more and more people are getting smart TVs, they're watching Netflix on their iPads.”
About This Quote
Source Speech: Netflix earnings call, 2023
Rapid subscriber growth driven by smart TV adoption and mobile streaming highlights market momentum.
In simple terms: More people are using smart TVs and iPads for streaming.
Key Takeaway
Capitalize on emerging platforms.
Themes
growth
technology
media
Mood
optimistic
strategic
Type
business
motivational
When to use this quote
- marketing strategy
- product development
- investment decisions
Key Concepts
network effects
consumer behavior
Questions to Reflect On
- How can Netflix sustain growth?
- What new platforms could drive the next surge?
A Different Perspective
Growth may plateau if competition intensifies.
