Judging from the market's reaction (which after all is the only thing that counts apparently), we have little to fear but fear itself - especially when it comes to real fundamental earnings. However, for those with depth perception issues (two data points, a trend do make), color blindness (red is always green as it's 'off-the-lows'), and ADHD (10-second soundbites only), the following chart should help clarify just how bad Q3 revenues were - and how weak the recent trend is(hint - from the upper left to the lower right is not good).
(h/t @Not_Jim_Cramer)