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Desperate Microsoft cuts Surface Pro tablet prices; could signal even more losses

“Just over two weeks after Microsoft (MSFT) took a $900 million charge to write down inventory of its poorly selling Surface RT tablets, the software giant has cut the price of its premium Surface Pro tablets by $100,” Patrick Seitz reports for Investor’s Business Daily.

“The Surface RT writedown came shortly after Microsoft slashed the price of its Surface RT tablets by $150 each,” Seitz reports. “The new discounting action raises the question of whether Microsoft will have to record another big loss, this time for its Surface Pro inventory.”

Seitz reports, “The Verge reported the price cuts on Sunday, noting that they will be rolled out in the U.S., Canada, China, Hong Kong and Taiwan this month… Microsoft launched its Surface Pro tablets on Feb. 9 in the U.S.”

Read more in the full article here.

MacDailyNews Take: Abject failure. 🙂

[Thanks to MacDailyNews Reader “Rainy Day” for the heads up.]

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