Global Equities Research analyst Trip Chowdhry sent an investor note out on Wednesday warning that a weak back-to-school season caused last weekend’s Mac sales to slump between 35% and 40% from the weekend of July 23rd. It was “probably one of the slowest weekends for Mac sales,” Chowdhry said.
It’s ridiculous for an analyst to check with four university book stores and then come to a conclusion like this.