Apparently most investors don't care about the earnings or revenue miss. Lots of buying on the weakness. All they care about is what's coming next. Perhaps they're putting their hopes in Google "Glass"?
Definitely a pass, any other company misses revs by that much would be gapping down grand canyon style. See ISRG. THey luv their GOOG, achieving AMZN Teflon status. Getting to be as bullet proof as CRM.