THB Sidebar: Comcast Q4

I wasn’t going to write about this, but the coverage of Comcast’s quarterly, released yesterday, is irking me… so a brief look…

Cable continues to show shrinkage… 18.2 million households down to 16.1 million over the course of the last year. Still, the drop was “only” 3.5% for the year and the division contributed a gross amount of $5.1 billion to the company. What the net is in the cable video business is protected by lumping their cable video revenues in with a wide range of other products Comcast offers at home, especially internet service, which is the single biggest revenue segment for the company. Interestingly, the cost of Comcast cable went $6.23 up per customer per month over the last year.