Although Netflix claims that the decision was made in order to free up resources and better focus on streaming content, we think that the company may be looking to funnel more customers towards streaming, increasing profitability of this segment in the face of rising content acquisition costs.

FORBES: Netflix Can Drop $80 Per Share To True Value Of $106

In 2013, we will continue to take additional actions at our SANYO Semiconductor Products Group to reduce the break-even level and return this operating segment to profitability.

FORBES: ON Semi Q4 Edges Ests

Nokia has been able to leverage its new Asha series of feature phones to manage the decline and maintain decent profitability of a shrinking product segment.

FORBES: Feature Phone Drama for Nokia in 2013

Although enterprise routers remain the single largest profit driver for Cisco, we note that the service provider router segment (including both edge and core routers) does generate a combined profitability beyond the individual contribution from the enterprise segment.

FORBES: Enterprise Routers Are Cisco's Engine

Every segment of the business demonstrated improved profitability except for Packaging and Consumer, which experienced typical seasonal declines.

FORBES: Sagging Economy Can't Foil Alcoa

Our targets (see table) were companies where one segment has severely underperformed the others in profitability over the past three years.

FORBES: Breaking Up Is Good to Do

Strong truck sales bode well for the profitability of the American auto companies since they dominate the pickup segment.

FORBES: Can GM And Ford Keep Trucking Ahead After Slower February Sales?

The drop in profitability appears to be a function not of the health insurance segment, which reported the same margin as last year, but of the smaller business that sells disability, property and other insurance.

FORBES: Cigna's Strong Earnings Should Be Sustainable