Microsoft Writes Off $900 Million on Surface Tablets [telecom]

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By David Gilbert, International Business Times, July 18, 2013

| Microsoft has reported lower-than-expected quarterly profits with | share diving 5% following the news. | | Microsoft on Thursday reported lower-than-expected quarterly | earnings as faltering PC sales ate into its Windows business and | the company took an unexpected $900 million (£591m) charge for | its inventory of unsold Surface tablets, sending its shares | down 5% in after hours trading.

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Neal McLain