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Microsoft writes off Surface tablet inventory
2013-07-19 09:15:00| Telecompaper Headlines
(Telecompaper) Microsoft reported USD 19.90 billion of revenue in its fiscal fourth quarter to the end of June, up 3 percent on the year-earlier period, with an operating income down 24 percent to USD 6.07 billion. Net income, after a USD 900 million charge related to Surface RT tablet inventory adjustments, decreased 29 percent. After the USD 0.07 per share charge, Microsoft's diluted EPS fell to USD 0.59 in the quarter. The results reflect recognition of USD 782 million of previously deferred revenue related to the company's Office upgrade offer. Microsoft said its fourth quarter results were impacted by the decline in the PC market, but strong demand persists for its enterprise and cloud offerings.
Tags: microsoft
surface
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Microsoft slashes Surface RT price by 30% due to sluggish sales, prepares to launch updated Surface RT and Pro tablets
2013-07-15 16:39:35| Extremetech
In response to sluggish sales, Microsoft has axed the price of its Surface RT tablet by 30%. The 32GB Surface RT, which used to cost $500, is now just $350.The Surface Pro, with its chunky dimensions and weak battery life, is still priced at $1000. In other news, Microsoft has also confirmed that the Surface RT and Pro will be updated, probably alongside the release of Windows 8.1 and the Xbox One. Whether either of these moves will actually make Microsoft's crippled, Metro-only Windows RT tablet useful remains to be seen.
Microsoft cuts price on Surface RT tablets by up to 30 percent
2013-07-14 20:11:35| CNET News.com
Tech titan reduces the prices to two of its in-house tablets by $150 in apparent attempt to drum up sales. [Read more]
Microsoft offers new hints on Surface, Skype, Windows Phone
2013-07-11 13:55:11| CNET News.com
Redmond is calling its fiscal 2014 its biggest year of innovation ever. Here's the slide that shows why. [Read more]
Tags: phone
offers
windows
microsoft
Microsoft unloading Surface RT units at $199, offering schools major discount
2013-06-18 22:58:15| Extremetech
Microsoft is offering deep discounts on Surface RT if you're an educational institution. Is this the last move before the company abandons ARM -- or is it gearing up for something bigger?
Tags: major
microsoft
schools
surface
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