Revenue impact due to Covid 19
Obviously Apple got a big impact. What about others? Netflix might have more viewers? What about ads revenues of Google and Facebook?
I鈥檇 expect FB to perform well when people are chilling at home instead of traveling
If it causes a recession, it's negative to Google and Facebook, only Netflix is immued from it. Restaurants, theaters, theme parks are hit hardest. If you are betting on that, I would short stocks in those industries.
Netflix will have a hard time creating original content.
It's a much lesser issue for Netflix than the competitions. Netflix is a global production company, whereas Disney etc. have most of their production in US. The volume also makes a difference. It's not that big a deal if Stranger Things has to delay for a year, it's a much bigger blow if Mandalolorian does.
Might not affect existing subscribers of Netflix but could affect new subscribers. When recession hits, discretionary spend is the first to go.
In a recession, there are way more people that finally find time to watch Netflix than that can't afford it due to losing jobs.
People who lose job would blow their ass off every day to find another job quickly, not rest at home and watch Netflix. Only retired people would watch Netflix during recession.
Microsoft and any hardware companies really.