Netflix (NFLX) Lower Again as Amazon (AMZN) Instant Video Now Avaiable on the iPad (AAPL)
Tweet Send to a Friend
Get Alerts NFLX Hot Sheet
Trade NFLX Now!
Netflix, Inc. (Nasdaq: NFLX) is lower again on the session Wednesday following a 1.6 percent dip on Tuesday, with news of more competition for the streaming media-and-DVD rental giant.
According to earlier reports, Amazon.com's (Nasdaq: AMZN) Instant Video is now available on the Apple (Nasdaq: AAPL) iPad. Previously, Instant Video was only available to view via a TV or PC.
In addition to streaming, users will be able to download video to watch while not connected to a network. Amazon's Whispersync technology will also allow users to view content which is paused or stopped on a different device, say, starting a movie on your TV then continuing it on your iPad at a later time.
News today follows reports yesterday that Apple was brining Hulu Plus to its Apple TV device.
Shares of Netflix are off 2.8 percent Wednesday morning.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
According to earlier reports, Amazon.com's (Nasdaq: AMZN) Instant Video is now available on the Apple (Nasdaq: AAPL) iPad. Previously, Instant Video was only available to view via a TV or PC.
In addition to streaming, users will be able to download video to watch while not connected to a network. Amazon's Whispersync technology will also allow users to view content which is paused or stopped on a different device, say, starting a movie on your TV then continuing it on your iPad at a later time.
News today follows reports yesterday that Apple was brining Hulu Plus to its Apple TV device.
Shares of Netflix are off 2.8 percent Wednesday morning.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Netflix (NFLX) Positive as Amazon Inks Expanded Content Deal w/ NBCU
- Will Erickson Air-Crane (EAC) Stock Crash and Burn?
- Amid Tesla (TSLA) Squeeze, Option Prices Hit Record Highs
Create E-mail Alert Related Categories
Insiders' BlogRelated Entities
Hulu
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
