Netflix reports drop in US subscribers as competition from Apple and Disney looms<div class="feat-image">
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<p>Netflix today reported its second quarter earnings for 2019, and has subsequently dropped over 10 percent in after-hours trading. Netflix reported global net new subscribers of 2.7 million, far below its guidance of 5 million. This comes as Netflix will soon face increased competition from the likes of Apple, HBO, and Disney.</p>
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Netflix reports drop in US subscribers as competition from Apple and Disney looms
