So, for as much criticism that Hastings have received recently, I think it is only fair he receives a considerable amount of credit for even considering this. The question is will it work? I ask because upon the release of its first-quarter earnings report, the stock dropped 14%, the biggest decline since October. Though it has since rebounded modestly, there are yet some concerns about its ability to survive. What continues to bother Netflix investors is the company's inability to sustain growth. During the announcement Netflix warned the subscriber total would drop in this current quarter, and as a result has started to shift its focus towards making money instead of growing subscribers. It has essentially admitted that subscriber growth has (for all intents and purposes) stopped. While that may be cause for concern, it means the company is now prepared to start generating real value from the subscribers it currently has. In other words, even through its warning there was cause for optimism in that it now plans to focus on what really matters: earnings per share.