A lot of movement is happening with the high flying stocks this Q. GOOG, NFLX, AAPL all moving hugely on pretty tame results. And, of course as expected it is all momentum based relativism and not related to the actual health, profit and fundamentals of the company.
The results do not mean as much as how those managing price spin the results. There are market makers and everyone else takes what they are given. I will tell you one thing though, making a one-sided bet on what will happen with earnings is very risky.