Dismal yes, but as compared to the previous year's Q1? Not so bad.
However, the mood of investors is quite different this year, thanks to that $3 million in their pockets and SAMSUNG sitting with a bullseye on its back.
What was last year's discussion at this time? Daily doubting the annual meeting would happen and predictions of settlements being years out, etc etc
What a difference to be sitting with a positive EPS and hopes for this year to further that result.