To put it more bluntly,
I expect Q2 revenue to be about $4.9m (+/- $0.3m).
I expect Q2 to report a loss of $3.2m (+/- $0.3m, with a kicker of perhaps another -$1m, the SKS severance, taking the loss to $4.2m +/- 0.3m).
I expect them to have about $10m in the bank.
The sky will fall for many, but it is what I expect, I believe it is consistent with guidance to the extent there has been guidance.
I see no evidence for any claims for numbers better than that.
Well, not unless the pennies from Samsung bundling is actually real money this soon in the rollout. One could cook up some services revs from MU I suppose.
There is more room for it to be much worse than that than there is for it to be much better than that. That room for worse is afforded by the rate that Dell goes away. In my experience Dell is not a company that dawdles clearing out legacy inventory.
The above content is my opinion.
