Microsoft 4Q profit misses; books Surface charge

In this Thursday, June 20, 2013, photo, people crowd the aisles during the grand opening of a Microsoft retail store in downtown Portland, Ore. Microsoft Corp. reports quarterly financial results after the market closes on July, 18, 2013. (AP Photo/Don Ryan)LOS ANGELES (AP) — Microsoft Corp.'s foray into the tablet computer market proved costly in the fourth quarter. The world's largest software company booked a $900 million write-down to account for the deep price cut it applied to its Surface RT tablet this week, a move to spur sales amid sluggish demand.


via Tech News Headlines – Yahoo! News https://news.yahoo.com/microsoft-4q-profit-misses-books-surface-charge-203054612.html

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