ELT are banking on this! They sit there, in their big Dell buildings... probably got charts, graphs... 'Okay people, Q3, no Q4, no Q1, no Q2! The Great Refresh approaches!' They're rubbing their hands together, right? They've got warehouses stacked to the ceiling with shiny new laptops. Faster processors! More RAM! Slightly different shade of grey! It's revolutionary!
...and they're waiting and waiting as the stock tanks and layoffs continue.