Wednesday, August 06, 2014

Microsoft Lost $1.73 Billion on the Surface

Ballmer's legacy of failure continues.

Keizer did his own back-of-the-envelope calculation to estimate that Microsoft has lost $1.73 billion since the Surface’s debut in 2012. The total loss for FY2014 was $680 million, and it was $1.049 million for the year before, according to Keizer.

His calculations also revealed that in the June 2014 quarter alone, the Surface had lost $363 million, the largest quarterly loss for the Surface since Microsoft started releasing quarterly revenue figures.

He said some of the losses was due to massive write-offs from the Surface Mini, which never hit the market despite being ready for production, out of fear it would not sell well. 

I think the newest version of the Surface is pretty decent for the most part. However, I would still rather own a Nexus or an iPad.

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