Microsoft has admitted that slow sales of their Surface tablets have saddled them with nearly a billion-Dollar loss.
The Surface RT was discounted last week following the revelation that most are still languishing in warehouses. Microsoft confirmed the "inventory adjustments" in a recent investor call, alongside their $900 million writedown. Share prices have dinged by 7%.
CVG reports that, of the four million Surface tablets produced, only a quarter have been sold.
"We know we must do better," Microsoft CFO Amy Hood said of the situation. "We are confident we are moving in the right direction."
Did you buy a Surface? Would you consider doing so, or waiting until the 2nd generation devices? Let us know in the comments.