{"id":4041,"date":"2013-08-14T11:25:43","date_gmt":"2013-08-14T15:25:43","guid":{"rendered":"http:\/\/blog.lawyer.com\/?p=4041"},"modified":"2020-07-24T10:21:40","modified_gmt":"2020-07-24T14:21:40","slug":"microsoft-faces-trouble-but-only-on-the-surface","status":"publish","type":"post","link":"https:\/\/blog.lawyer.com\/index.php\/microsoft-faces-trouble-but-only-on-the-surface\/","title":{"rendered":"Microsoft Faces Trouble, But Only On the Surface"},"content":{"rendered":"
\"\"<\/a>
Windows closed? Not quite.<\/figcaption><\/figure>\n

Tech giants Microsoft are in hot water over their new tablet, the Surface RT; namely their financial reporting.\u00a0 Although technologically impressive and a comparable product to the Apple iPad, Microsoft’s latest offering did not exactly fly off the shelves.\u00a0 Low sales and failed expectations led Microsoft to write down about $900 million.\u00a0 The class-action lawsuit<\/a> claims Microsoft committed fraud by falsely reporting information to their investors.\u00a0 The earnings report in the fourth financial quarter of 2013 was, in simple terms, not good.<\/p>\n

The class-action lawsuit, originating in Massachusetts, names the corporation itself as well as a few high-ranking executives.\u00a0 Microsoft unsurprisingly held to their guns and re-affirmed their faith in other Windows devices.\u00a0 Steve Ballmer, the CEO of Microsoft, stated that while there has been a noticeable hiccup with the Surface, they are still enjoying the success of Office 365, Windows Azure, Xbox LIVE, and Skype.\u00a0 Many question whether classifying the loss as “Inventory Adjustments” related to the tablet will calm the waves caused by the erasing of $30 billion in market share.\u00a0 Counter-arguments to the lawsuit include the idea that Microsoft was accurate with their predictions, but simply miscalculated how well the product was going to perform.<\/p>\n

Microsoft has always been a company that likes to throw it’s name into the hat, which is part of the reason they have been so successful.\u00a0 Back in 2001, many assumed the launch of the Xbox would be a total disaster, and now the Xbox 360 has sold about 85 million units worldwide (at a price tag of $299-$399).\u00a0 Unfortunately for Microsoft, for every Xbox, there is also a Zune; this was supposed to be the answer to the Apple iPod, however critics were not impressed.\u00a0 For an industry leader, Microsoft often gets a lesser shake when it comes to the big “Apple vs Microsoft” conversation, with most people more interested in the “Google vs Apple” discussion.\u00a0 Regardless, many feel that this class-action lawsuit will lead to a settlement, which Microsoft can more than afford.<\/p>\n","protected":false},"excerpt":{"rendered":"

Tech giants Microsoft are in hot water over their new tablet, the Surface RT; namely their financial reporting.\u00a0 Although technologically impressive and a comparable product to the Apple iPad, Microsoft’s…<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_s2mail":"yes","footnotes":""},"categories":[548],"tags":[1689,54,524,1687,1688,1203,588,1686,1691,12,1685,1682,1690,953,1683,1684],"class_list":["post-4041","post","type-post","status-publish","format-standard","hentry","category-lawsuits","tag-1689","tag-class-action","tag-lawsuit","tag-loss","tag-market","tag-microsoft","tag-million","tag-office","tag-rt","tag-settlement","tag-skype","tag-surface","tag-surface-rt","tag-tablet","tag-windows","tag-xbox"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/posts\/4041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/comments?post=4041"}],"version-history":[{"count":7,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/posts\/4041\/revisions"}],"predecessor-version":[{"id":9140,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/posts\/4041\/revisions\/9140"}],"wp:attachment":[{"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/media?parent=4041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/categories?post=4041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/tags?post=4041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}