Comments on: Holidays 'uncertain' after poor back-to-school sales

The end-of-summer period is typically a boon for consumer electronics retailers, but this year, it doesn't deliver big revenue growth. Will the holiday shopping season help them catch up?

[Seaspray0]

Erica, you neglected to mention in your story where the majority of growth is occuring. I've heard reports that almost all the growth is in the lower end ($600-$1000) range of laptops. Can you verify this?

[Lerianis]

That is true. Though.... Best Buy sold out very quickly of a Gateway Notebook that with everything in it, was worth about twice to 3 times it's 1500 dollar price, so those kind of 'deal laptops' might be driving the growth as well.

[The_Decider]

The economy is on the brink of disaster.

The stock market is dropping. Many large banks are in serious trouble.

This will result in less investment(including real investment), which can spiral into a serious economic downturn.

This is going to cause people to buy less stuff, which will cause the situation to get worse.

In short, if they are expecting holiday sales to save them, they might as well pack it in, because it will be less than normal.

[Lerianis]

You hit the nail right on the head. Really, those banks that are in trouble have no one but themselves to blame. Why? Because they were giving out loans that even a braindead 4 year old would know weren't a good idea.

[Penguinisto]

Err, you do know that Apple just posted a record quarter (yet again) for laptop sales, right? Kinda kills your arguments right there, no?

Just askin'...

/P