They've also already mentioned on CNBC that the sub growth estimates were staggeringly exaggerated. This is know as a quantitative easing tactic so that those analysts firms can buy in on dips that are resultant from the inevitable miss. They also clearly mentioned that margins were growing and that a tapering of the sub growth is expected in a company that's transitioning from rapid customer intake to an extremely profitable network provider. At some point you have to expect that customer growth is limited and that a stable customer basis is formed. Try harder..
Define "stable" customer base. Most people I know use Netflix because its cheap and convenient. I also use Amazon because its cheap and convenient. There is no "stable" or loyal customer base in streaming business. People will ultimately gravitate towards better content and lower prices. Which company do you think is better positioned to provide that?