Is the Netflix (NASDAQ:NFLX) party over?

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netflix on ipadNetflix (NASDAQ:NFLX) has been quite a stock in the past few years. If you are lucky enough to buy the stock at below $200, it may be time to look at the potential future of this company. Netflix is the 800 pound gorilla of the streaming entertainment market. For the longest time, it had a lock on the streaming movies in the United States. Well, now that HBO has announced that it will be working with Apple to roll out a rival streaming subscription service at $15 a month, this has a support of the quite a bit downward pressure on Netflix. In fact, Netflix stock fell by 13% last month.

This month it appears that Netflix stock has been doing quite a bit of recovery. It has been going through quite a bit of volatility. Recently, it’s been trading in the $422 range which is quite a long race from its $482 52-week high. Depending on how credible the threat of HBO and Apple (NASDAQ:AAPL) consortium would be, it may be a good time to reconsider your position in Netflix. Apple seems to be extremely serious on becoming the world’s first trillion dollar company.

While its streaming service may not be enough to catapult it over the 1 trillion market value range mark, it appears that Apple has its fingers on so many pies that it looks that all this income strings might amount to enough additional market revenue to justify a trillion dollar plus market valuation. Keep focused on Netflix because if enough players jump on the bandwagon, it might be time for Netflix to once again reinvent itself.

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