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Microsoft Shares Fall After CEO Says Sales Of Its New Surface Tablet Have Been Modest

By | Monday November 12, 2012 @ 12:59pm PST

Talk about scratching the Surface. Microsoft CEO Steve Ballmer inadvertently dinged his company’s launch campaign for its Surface tablet by telling France’s Le Parisian in an interview that sales are “starting modestly.” To be fair, he added that critics’ response to the device was “phenomenal” — and that initial sales were limited because the tablet is still just available online and at a few stores. Still, his tempered comment, along with his refusal to project potential sales, contributed to a 2% drop in Microsoft’s stock price this afternoon. The company has a lot riding on the tablet, which includes Microsoft Office programs and can be paired with a keyboard cover to function like a conventional laptop computer. Strong sales “would come as a positive surprise to investors and demonstrate [Microsoft's] relevance in this important market,” Cowen & Co analyst Gregg Moskowitz says today. Read More »

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Microsoft Surface Vs. Apple iPad

By | Wednesday November 7, 2012 @ 9:58pm PST

Watch who comes out ahead in this parody matchup:

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