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  Microsoft takes $900M charge for Surface RT tablets in disappointing earnings
Time: 15:30 EST/20:30 GMT | News Source: E-Mail | Posted By: Byron Hinson

Microsoft’s fourth quarter earnings sure look ugly, with missed analyst expectations and the company taking a $900 million charge on its Surface RT tablet inventory. The company has made a lot of big moves recently with its massive reorganization a week ago that took steps to better unify the company and get it back on track. Now with today’s earnings we can see why Microsoft so dramatically put these moves into place. Microsoft posted disappointing earnings with revenue of 52 cents per share on revenue of $19.90 billion.

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#1 By Jedi Master (1829 Posts) at 7/19/2013 8:20:15 AM
So much for the "iPad killer"

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