Surface RT: poor tablet performance has cost Microsoft $900 million

By Dave Cook, Friday, 19 July 2013 11:22 GMT

Microsoft has admitted that he poor performance of its Surface RT line of tablets has cost the company $900 million.

The figure came as part of Microsoft’s investor call last night, during which the company confirmed that the division that includes Xbox rose 8% last year.

CVG reports that lacklustre sales of Surface RT and the loss announcement caused Microsoft’s shares to dip 7%. The site added that some four million Surface RT tablets are believed to be manufactured by the company, with only a quarter sold since launch.

During the investor call, Microsoft’s chief financial officer Amy Hood said: “We know we must do better. We are confident we are moving in the right direction”.

The news follows a confirmed Surface RT price cut. Get the new prices here.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.

Comments

Headlines

Microsoft Surface

  • Microsoft Surface RT: UK price cut confirmed, prices revealed

    Microsoft will cut the cost of its Surface RT line of tablets in the UK by 30% later this week, following confirmation that North America will receive a price drop.

  • Microsoft Surface prices to tumble by $150

    If you’ve been thinking about some sort of new, low-powered PC – and right now, who isn’t – you may want to hold off a bit; Microsoft is due to slash the price of its Surface tablets, which can run an increasing number of PC games. News of the imminent price cuts first came from […]