Microsoft shares plunge over 11% after Microsoft Surface RT inventory write-down, earnings shortfall
0. phoneArena 20 Jul 2013, 03:43 posted on
Shares of Microsoft plunged 11.4% on Friday, closing down $4.04 to $31.40; for Microsoft, it was the sharpest one-day decline of the company's shares in 11 years and came after the company reported its quarterly earnings. Yes, Microsoft earned nearly $5 billion for the three month period, but a $900 million write-off of Microsoft Surface RT tablets held in inventory rattled investors...
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1. WHoyton1 (Posts: 1635; Member since: 21 Feb 2013)
Sheeesh poor Microsoft...poor poor Microsoft...,
8. Droid_X_Doug (Posts: 5993; Member since: 22 Dec 2010)
MS will continue to disappoint until Steve is replaced. The guy just doesn't get the shift to mobile. Win RT is just such a joke. And the best Steve can do is to say we are hard at work on the future? Puhlease.
13. PAPINYC (banned) (Posts: 2315; Member since: 30 Jul 2011)
I totally agree with you Dougie, Steve the Balld'mess screwed up Windows Mobile and then he set his sights on Windows!!
I just installed Windows 8 Pro on a partition: OMG, what a mangled mess!!
Oy Vey !!!!!!
28. xoatomxo (Posts: 57; Member since: 26 Apr 2011)
I couldnt agree with your more on Windows 8. I had to google how to go to the Settings, My computers and even how to Turn Off computer!!!
31. PAPINYC (banned) (Posts: 2315; Member since: 30 Jul 2011)
lol .. It took me awhile last night fiddling with the limited and contrived UI but I was able to find the same two without Googling. My only thought, damn the people who aren't technically inclined will definitely need expert help in configuring their desktop unless, of course, they just plan to use those horrid tiles and never plan to make any extensive changes to their system. Horrible!!
40. tedkord (Posts: 7962; Member since: 17 Jun 2009)
Hesus Christmas! I just got a custom build in, added a bluray drive and changed out the HSF with a Noctua NH-u14s, put in a clean install of 8 Pro. I friggin hate it! It takes two to three times as many clicks to do anything.
It does boot fast, though.
2. SakuroAkino (banned) (Posts: 141; Member since: 12 Jul 2013)
Windows 8 already flop O.S for desktops or laptops
6. vincelongman (Posts: 3118; Member since: 10 Feb 2013)
I don't get why so much people hate Window 8. I think Its a direct upgrade from Windows 7.
Also anyone who knows how to use YouTube or Google or Bing,... can easily bring back the Start Menu or Aero or other features missing from Windows 7 or skip Metro and the Start screen.
9. EXkurogane (Posts: 863; Member since: 07 Mar 2013)
Only losers hate them, because they dont want to learn something new. I have repeated this rant a lot.
This stock plunge is due to RT failing to sell well, not desktop windows 8 which is doing fairly well. IMO Windows RT never needed to exist in the first place - just stuff in full windows 8 on a tablet, even Acer can do it on a 8 inch tablet.
14. SakuroAkino (banned) (Posts: 141; Member since: 12 Jul 2013)
still windows 7 and xp rules in usage
windows 8 has been awarded most worst o.s after vista
43. Googler (Posts: 813; Member since: 10 Jun 2013)
And rant is all that is. It's not about learning new things, it's about hating what they've done with Windows. 8 is a mess for desktop use. Might be great on a phone but it's too busy for a PC.
12. ihatesmartphone (unregistered)
Lack of competition in the desktop segment, Microsoft being an old dinosaur held the world hostage to old obsolete technologies, as it was repulsive to any innovation in the desktop. You can't pick a single revolutionary innovation in the desktop computing in the last 2 decades. I consider Windows XP - Windows 8 era to be dark ages for innovation in the desktop PC segment. Beyond new hardware requirement (which was mostly more RAM) Microsoft never introduced any ground breaking innovation in the desktop segment.
15. EXkurogane (Posts: 863; Member since: 07 Mar 2013)
That is true, but what kind of innovation do you expect? A computer could do almost anything we want it to already, as long you have the appropriate software to go along with your needs - the limiting factor being the amount of specs you have. Want something fancy like Tony Stark has in the Ironman movies?
And @Sakuraakino, as i said, too many people are lazy to learn and blame it on others (such as the interface being too different). In terms of rate of windows 8 sales over a period of time, it is close to windows 7.
17. ihatesmartphone (unregistered)
You can't see any innovation because there are no competitions!!
To MS, STOP MONOPOLY!!
18. EXkurogane (Posts: 863; Member since: 07 Mar 2013)
You guys said it in smartphone OS wars - apps are important, and many brag about the sheer quantity of apps without looking at the quality. If quantity is more important than quality, Windows is just the same. The sheer number softwares are unmatched. Thats why Android is doing well as the major smartphone OS, and that's also why windows is doing well as a desktop OS.
So, according to your logic, i could also shout out "Google, please stop the Monopoly (in smartphone OSes)".
20. ihatesmartphone (unregistered)
There are many players in smartphone markets...
Android, iOS, WP, BB etc.
At least Android are not monopoly in smartphone segments for more than 2 decades!!
19. ihatesmartphone (unregistered)
You know what...
Competition leads to innovation.
21. EXkurogane (Posts: 863; Member since: 07 Mar 2013)
That is very true. The problem is, no other OSes have that much software as Windows do. The only 2nd option after Windows is Mac, and Macs are very expensive outside USA. Linux is not something many people use, and even as a tech geek i dont know much about it yet, not to mention i have yet to see even a friend or relative using it.
And, as people grow accustomed to windows for productivity purposes they wouldnt want to switch to another OS unless it offers as much as windows does in flexibility and software - and they fear change and learning. Many people are lazy to learn and change, which is also why some people hate windows 8. People want to stick to the same thing with minimal changes.
23. ihatesmartphone (unregistered)
Actually, I really hoping that other players can come in and compete with MS..
Because I want to see something new in desktop segment...
Something really new.... :D
27. haseebzahid (Posts: 1853; Member since: 22 Feb 2012)
windows is easy to use , if you think not using linux is being lazy then be my guest try it and take abreak for a month you wont even remeber half of the Linux anymore its so confusing especially for developing
26. haseebzahid (Posts: 1853; Member since: 22 Feb 2012)
yeah right xp was dark age btw the linux is still the worst and most pathetic OS certianly non user friendly and half of idiots brag here linux is free OS
16. PAPINYC (banned) (Posts: 2315; Member since: 30 Jul 2011)
Are you mental, it's probably a "direct upgrade" for someone suffering from Schizophrenia with delusional features!!
3. ady_lad (Posts: 80; Member since: 17 Jul 2013)
Probably now is the best time to buy shares in Microsoft. Dude i hate stock markets, too much speculation, this is the worst part of the capitalism, and it's all wrong,
25. Napalm_3nema (Posts: 1743; Member since: 14 Jun 2013)
This is not speculation, it's Microsoft in a tailspin. The desktop market is moribund, and contracting because most people have realized they don't need one for daily use, "ultrabooks" are bad MBA ripoffs, so you may as well buy the MBA, and the only MSFT division that was truly healthy, the XBox division, just mucked up their path forward. They have a mobile OS not enough care about, a desktop OS consumers don't need, a search engine and browser people joke about, and an entertainment console that will be a huge flop. Microsoft is in BIG trouble.
4. sats.mine2k4 (banned) (Posts: 208; Member since: 10 Aug 2012)
They deserve it... Ms = evil...
42. akki20892 (Posts: 3809; Member since: 04 Feb 2013)
Bill gates is not devil dude. He is really great guy.
5. jroc74 (Posts: 5647; Member since: 30 Dec 2010)
Honestly just get rid of RT and just make Pro the best of both worlds.
10. Droid_X_Doug (Posts: 5993; Member since: 22 Dec 2010)
+1 for you sir. Also need to make Win 8.1 a better version of windows. What is with the stupid 'compatibility' mode? It seems every site on the Web with any bit of Flash content is opened in compatibility mode - including PAs site.
7. deacz (Posts: 160; Member since: 02 Nov 2011)
win8 is better than win7. No need to use the metro interface if you dont have a thouch screen
38. ady_lad (Posts: 80; Member since: 17 Jul 2013)
You don't need to use the metro interface if you don't want to. My point of view, W8 is miles better than W7, but people are afraid of change and lazy to learn.
11. DigitalJedi_X2 (banned) (Posts: 346; Member since: 30 Jan 2012)
And people were saying BlackBerry had a bad quarter... I guess no one had a good quarter. BlackBerry, Microsoft, Google, Nokia... Admittedly some were better than others though.
22. snowgator (Posts: 3452; Member since: 19 Jan 2011)
Anyone who follows the stock market knows ot is a knee jerk reaction a good 60% of the time. This is one of those. Yes, MS hasn't had a clear vision of where they were going for a while, but the company is getting everything in the same boat and all the oars pointed the right way to row in the same direction. For a company as large, rich, and successful as MS that is not a small task.
This drop is due to one products failure, not the failure of the new vision. This stock will recover.
29. SleepingOz (unregistered)
Good job MS!
30. lyndon420 (Posts: 3152; Member since: 11 Jul 2012)
What screwed them up in my opinion, was launching their slates with too high a price tag.
33. papss (unregistered)
I think MS has to fight on more fronts than any other company right now. I can't imagine how hard it would be and the incredibly smart folks. RT being the only failure, price and confusion on what it was but the product isn't any different that what other tablets were offering other than apps. I'm personally liking W8 on my pro and think any of you noobs who say its difficult to do this or that should be embarrassed to call yourself a tech person.. It's about the easiest OS I've ever used besides what apple is doing. If you think W8 is difficult then you need to stop typing and do something more simple like UNO or go fish
39. ady_lad (Posts: 80; Member since: 17 Jul 2013)
I thin Win8 is a lot better than Win7(which until Win8 came out was the best Windows ever made). There is a massive difference in speed between Win8 and Win7, the booting is a lot faster, virus and malware protection is better, because of having the windows essentials built in defender there is no need for a third party antivirus. I really don't know why people keep bragging about it.
35. freebee269 (Posts: 531; Member since: 10 Aug 2012)
the stocks will rebound in a couple months, and all of you that say MS is in trouble will be no where to be found. they still profited $4.97 billion. that doesnt sound like a company in a tail spin. it's the stock market we are talking about. stock go up and down. it's the nature of the market. all companies go through it. doesnt mean it's the end of them.
36. XperiaFanZone (Posts: 1771; Member since: 21 Sep 2012)
I'm so sad :/ i'm microsoft'sbiggest fan too:/
37. joey18 (Posts: 587; Member since: 20 Jul 2010)
so if they stop to make money stop compare to the ipad