News

Microsoft Surface Still failing to Turn a Profit

More bad news for Microsoft this week. The losses are huge, in the 2014 fiscal year Microsoft reported losses of $1.7 billion which is a lot of money to lose but Microsoft being themselves they’ve probably made that back already. Microsoft also announced that its Surface revenue was $409 million for the quarter ending June 30, not as good as they’d hoped for but $409 million is still $409 million.

Microsoft failed to mention a cost of production. They did however release data which can be used by analysts and they can come up with a rough estimate of the cost of production. Computerworld figures that Microsoft’s Surface costs for the quarter that ended in June were $772 million. That means a loss of $363 million in the quarter for Surface. Some of the money in the cost of revenue calculation was from a write-off to cover the cost of designing and producing an unspecified number of Surface Mini tablets. Microsoft reportedly produced a Surface mini and decided at the last minute to not release the tablet. Perhaps that was a wise idea, seeing how nobody is buying a Surface, a mini version would be completely pointless.

Thanks to Tweaktown for supplying us with this information.

Image courtesy of Tweaktown.

Kyle Williams

Disqus Comments Loading...

Recent Posts

Electronic Arts Titles Played for Over 11 Billion Hours in 2024

Electronic Arts (EA) announced today that its games were played for over 11 billion hours…

2 days ago

Just 15% of Steam Gaming Time in 2024 Was Spent on New Releases

Steam's annual end-of-year recap, Steam Replay, provides fascinating insights into gamer habits by comparing individual…

2 days ago

STALKER 2 Gets Massive 110GB Patch With 1800+ Fixes

GSC GameWorld released a major title update for STALKER 2 this seeking, bringing the game…

2 days ago

Intel Unveils Core 200H Processors Based on the Previous Raptor Lake Refresh

Without any formal announcement, Intel appears to have revealed its new Core 200H series processors…

3 days ago

Ubisoft Reportedly Developing a New Quadruple A Game

Ubisoft is not having the best of times, but despite recent flops, the company still…

3 days ago

STALKER 2: Heart of Chornobyl Update 1.1 Fixes 1,800 Issues and Revamps A-Life 2.0

If you haven’t started playing STALKER 2: Heart of Chornobyl yet, now might be the…

3 days ago