Microsoft (MSFT) May Have Cut Surface RT Orders in Half
Tweet
Share
E-mailGet Alerts MSFT Hot Sheet
Price: $374.70 +2.00%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1%
Revenue Growth %: +14.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1%
Revenue Growth %: +14.7%
Join SI Premium – FREE
Microsoft (Nasdaq: MSFT) shares are lower Thursday morning amid speculation out of Digitimes surrounding Surface RT orders.
According to the report, upstream suppliers to Microsoft for its debut tablet said that orders have been sliced in half. Digitimes' sources said that it isn't the quality of product that is losing sales, rather that the Windows 8 platform may not be performing as well as expected.
In total, Digitimes thinks that orders currently sit at 2 million units, half of the four million Microsoft expected to sell by the end of 2012.
With sales of Surface RT lagging, Microsoft might need to debut its Intel (Nasdaq: INTC)-based Surface Pro sooner than expected. The Surface RT runs on an ARM Holdings (Nasdaq: ARMH) chipset design.
To strengthen sales, Digitimes sources suggested the Microsoft might cut the price of the Surface Pro to make it more competitive.
Again, this is just chatter from one source. Microsoft is seeing a little pullback today following its annual meeting held yesterday, with shares down about 0.3 percent on the session.
According to the report, upstream suppliers to Microsoft for its debut tablet said that orders have been sliced in half. Digitimes' sources said that it isn't the quality of product that is losing sales, rather that the Windows 8 platform may not be performing as well as expected.
In total, Digitimes thinks that orders currently sit at 2 million units, half of the four million Microsoft expected to sell by the end of 2012.
With sales of Surface RT lagging, Microsoft might need to debut its Intel (Nasdaq: INTC)-based Surface Pro sooner than expected. The Surface RT runs on an ARM Holdings (Nasdaq: ARMH) chipset design.
To strengthen sales, Digitimes sources suggested the Microsoft might cut the price of the Surface Pro to make it more competitive.
Again, this is just chatter from one source. Microsoft is seeing a little pullback today following its annual meeting held yesterday, with shares down about 0.3 percent on the session.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Active options: MSFT WULF PLTR NOK AMD GOOGL IBM META CMG SMCI HOOD AVGO
- Meta pauses an AI training program that tracks employees' keystrokes after a companywide leak - Insider
- Abu Dhabi's MGX Raises About $50 Billion To Accelerate AI Deals - Bloomberg
Create E-mail Alert Related Categories
Insiders' Blog, RumorsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
