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Netflix iPhone Bound

Netflix will be coming to the iPhone, according to an announcement during Apple’s WWDC. This marks yet another platform that Netflix is available to, which includes several set-top boxes, Blu-ray players, HD television sets, DVRs and game consoles.

Barclays analyst Doug Anmuth says that the Netflix iPhone app “should have a positive effect on subscriber growth, churn, & potentially SAC.” However, the new limited data plans from AT&T could put a damper on 3G streaming.

Anmuth doesn’t think that Netflix is going to be stopping its mobile expansion with just iPhone, and expects an Android app soon.

Source: Business Insider