Remember when Microsoft unveiled the Surface RT last year and people said it totally makes the iPad and the MacBook Air obsolete? So far the Surface RT has been anything but an iPad-killer and according to Microsoft’s latest earnings, it’s losing them a shit ton of money too.
Microsoft’s financial results for Q4 2013 show that the company took a $900 million loss due to Surface RT “inventory adjustments.” The news comes just a few days after Surface RT prices were reduced significantly. Despite the setback, the lost money only comes out of Microsoft’s Windows revenue which was still up year-over-year thanks to Windows 8 sales.
Imagine Apple taking a $900 million hit on the iPad. OK. Now switch Apple with Microsoft and iPad with Surface RT http://t.co/GG9nkLxPJn
— Alex Heath (@AlexEHeath) July 18, 2013