Uploaded by FinancialNewsOnline on Nov 15, 2011
Coinciding with the first shipments of the Amazon (NASDAQ:AMZN) Kindle Fire and Barnes & Noble (NYSE:BKS) NOOK Tablet, Netflix, Inc. (NASDAQ:NFLX) unveiled a new interface for Android-powered tablets that makes browsing and instantly watching unlimited TV shows and movies streaming from Netflix better than ever.
Neil Hunt, chief product officer at Netflix said, "In the last 12 months we have seen a threefold increase in how long Netflix members are watching on their tablets. We're happy to debut a new user experience coinciding with the release of the next generation of devices from industry leaders. The new Netflix interface offers a significant improvement in browsing and searching for TV shows and movies to instantly watch."
NetFlix (NASDAQ:NFLX) has potential upside of 2.1% based on a current price of $85.72 and an average consensus analyst price target of $87.55.
Neil Hunt, chief product officer at Netflix said, "In the last 12 months we have seen a threefold increase in how long Netflix members are watching on their tablets. We're happy to debut a new user experience coinciding with the release of the next generation of devices from industry leaders. The new Netflix interface offers a significant improvement in browsing and searching for TV shows and movies to instantly watch."
NetFlix (NASDAQ:NFLX) has potential upside of 2.1% based on a current price of $85.72 and an average consensus analyst price target of $87.55.
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