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MarketFoolery

Best & Worst of CES

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 11 January 2016

⏱️ 26 minutes

🧾️ Download transcript

Summary

David Kretzmann returns from Sin City to share the highlights from the 2016 Consumer Electronics Show and why no one should hold their breath waiting for self-driving cars. For a preview of our Supernova service, go to www.SupernovaRadio.fool.com.

Transcript

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0:00.0

It's Monday January 11th. Welcome to Market Foolery. I'm Chris Hill joining me in studio today for

0:07.0

monthly full rule breakers and supernova David Kretsman back from Las Vegas. Welcome back.

0:12.0

Survive the trip, made it back.

0:14.0

So we're going to talk about what you saw at the zoo.

0:18.0

And in this case, the zoo is the Consumer Electronics Show.

0:21.0

I should say right at the outset that you're in high demand here at Motley

0:27.2

Fool Podcast Central because you're going to be on Industry Focus on Wednesday talking with Christine Hargis, that's the health

0:35.2

care edition of Industry Focus.

0:36.7

So for the purposes of this conversation, we won't talk about Wearables, but there's a lot of other

0:41.8

stuff I want to get to and let's start

0:44.0

first and foremost with Netflix making headlines last week not just rolling out some new

0:50.0

shows but 190 countries? Yeah, big news. Already? Netflix stole the show. How did

0:57.1

they do this? I mean yeah they they were really ramping up their international expansion I mean you go back to like the middle of

1:05.0

2015 Reed Hastings and company there they had basically announced that their aggressive

1:12.1

international expansion trajectory would look like them entering a total of 200 countries

1:17.8

essentially by the start of 2017 and

1:21.2

During the Netflix knows how to put on a show, so during, you know, their keynote address

1:25.8

Wednesday morning at CES, to wrap that up, Reed Hastings says, and now we're turned on in 130 more countries. So that brings Netflix to 190 countries as of

1:36.5

this week. So certainly accelerating their international expansion more than I think anyone would

1:42.1

have expected.

1:44.1

This is a company you know well. You're there with Matt Argersinger, Brendan Matthews.

1:49.0

This is a room full of people who are, I'm assuming, are not easily wowed, people who are used to listening to company executives talk.

...

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