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Comcast Insists Glass Is Half-Full

Optimists abound at Comcast, according to All Things Digital's Peter Kafka, who reports on the company's earnings call. Though it again lost cable subscribers -- 135,000, to be exact -- that loss was minimized, with company reps playing up the fact that the decrease was lower than losses of a year ago -- as well as last quarter's.

And this time, unlike previous earnings calls, there was no talk of cord-cutting, either by analysts or reporters."The cable industry has had a consistent response [to such talk]: Any drop in cable subs has to do with increased competition and a crummy economy, not a real shift in TV viewing habits," writes Kafka. "And for now, at least, Wall Street seems OK with that answer."

Read the whole story at All Things Digital »

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