You’ve got to admit, when a dot-com company that A. survived the dot-crash and B. continues to be massively profitable to this very second announces its earnings, it’s no surprise that Wall Street would react favorably.

And so they did with the announcement that Netflix saw huge profitability in 2009.

How huge, you ask?  Simple–try over one billion dollars in gross sales.  Try a hundred and fifteen million in net profit.  Try a steadily expanding library of streaming titles that shows no signs of slowing down AND offers massive profitability by pulling DVDs and the postal service COMPLETELY out of the picture.

Thus, the final conclusion should also come as no real surprise when I tell you that Netflix’s stock price is trading around an all time high–sixty three bucks a share.  Ironically, this is about what shares of Walmart are trading at.

So congratulations to Netflix, who’s blowing away the competition.  God help every one of them.

Related posts:

1. Wall Street Journal Socks Netflix–Says Sell!
2. Wall Street Journal Doesn’t Like Netflix’s Streaming Moves
3. Netflix’s Postal Bill Is HUGE–But Will It Last?
4. iPad Users–No Netflix Any Time Soon
5. Netflix’s 28 Day Window To Spur Streaming Growth Industrywide?