Microsoft misses estimates and writes down $900M on Surface RT
I think the news is going to get worse for Microsoft. Xbox1 is the one product I'm watching. If it doesn't do well, then I'm not sure what Microsoft will do to stem the bad news as the Age of Context arrives over the next 18 months.
Google is about to announce stuff that really will take away Microsoft's position in mobile. I feel for my friends at Microsoft, but they are gonna get squeezed in a way that hasn't happened to Microsoft in its life.
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Microsoft misses estimates and writes down $900M on Surface RT
gigaom.com
Microsoft just took a major hit from Surface RT adjustments. Earnings per share and revenue missed analysts' expectations.
http://gigaom.com/2013/07/18/microsoft-misses-estimates-and-writes-down-900m-on-surface-rt/