Sometimes you just have to stop for a moment an breathe it all in… We recently lifted a longtime ban on an awful Apple analyst to share with readers one of the most ridiculous explanations imaginable for Apple’s iPhone 5c flop. The ban was reinstated shortly thereafter. Now, clearly fighting for a spot on our black list, Global Equities Research analyst Trip Chowdry has managed to one-up Mean Gene with what could be the stupidest thing anyone has said about Apple so far this year.
“They only have 60 days left to either come up with something or they will disappear,” Chowdhry said. “It will take years for Apple’s $130 billion in cash to vanish, but it will become an irrelevant company… it will become a zombie, if they don’t come up with an iWatch.”
Even the most bearish of Apple bears have to be laughing at the ludicrousness of that statement. As we noted in a recent post, wearables indeed make up a category that is likely about to become quite huge. To suggest that Apple will be left in the cold if it doesn’t enter that category within the next two months, however, is outlandish.
Daring Fireball’s John Gruber has an interesting theory on the ellipsis in the middle of Chowdry’s comments.