Class-action Suit Filed Against Microsoft Over Surface Write Off

[wraggster]

New submitter used2win32 writes with news that at least one investor is unhappy with the Surface inventory write off, claiming that Microsoft mislead investors who purchased stock during Q2 and Q3 by not announcing just how slow inventory was moving at the time"The class action lawsuit (http://www.zdnet.com/class-action-suit-filed-against-microsoft-over-surface-rt-7000019332/) claims false and misleading information regarding sales performance of Windows RT based tablets. Microsoft has earned a U.S. $900 million write off (http://www.computerworld.com/s/article/9240899/Microsoft_writes_off_nearly_1B_to_account_for_Surf ace_RT_bomb) and a market share of less that 1% to show for its Windows RT endeavors. Asus, Lenovo, HP, Samsung and HTC discontinued (http://www.anandtech.com/show/7213/asus-reports-disappointing-vivotab-rt-sales-stops-making-rt-tablets) their models leaving Dell as the only OEM producing a Windows RT tablet."

http://tech.slashdot.org/story/13/08/14/1222245/class-action-suit-filed-against-microsoft-over-surface-write-off