Angry investors start class action against Microsoft over Surface RT losses

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Angry investors start class action against Microsoft over Surface RT losses

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The following comments relate to this news article:

Angry investors start class action against Microsoft over Surface RT losses

article published on 14 August, 2013

A new class action suit filed by Robbins, Geller, Rudman, & Dowd has accused Microsoft of hiding major losses related to its Surface RT tablet. Last month, the company reported its quarterly earnings and had to take a $900 million write-off for inventory adjustments and the recent 30 percent price cut made on the failed tablet. The complaint accuses the software giant of "materially ... [ read the full article ]

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nu2duo

Newbie

15. August 2013 @ 00:35

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Didn't Microsoft initially state that they had sold xxxxx amount of Tablets? They sure made it sound like Surface was such a hit but I do not know of anyone owning one. Microsoft you f..d up.

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dali

Member

15. August 2013 @ 08:55

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What did they expect? Windows RT is a piece of crap. The worst parts of Windows 8 without anything good on it. And very expensive also.

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"You know, it seems that quotes on the internet are becoming less and less reliable." -Abraham Lincoln.

mukhis

Member

15. August 2013 @ 12:07

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the major problem with surface RT is not its cost or its trimmed down capability, the area where MS FAILED is app optimization. if you consider user experience with the apps, win RT does not come close to iOS/android or even blackberry or windows phone OS! they thought they would come up with a great tablet just by putting a chopped version of windows there.

honestly, if this would not be the case, i would buy it despite it feels expensive; the reason is that i would get a nice hardware design with full MS office, and other win apps. the sad part is that MS is known to be a good software company, and not a good hardware company.

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This message has been edited since posting. Last time this message was edited on 15. August 2013 @ 12:10

SuckRaven

Member

15. August 2013 @ 13:04

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It's called gambling. No one forced these people to "invest", so they ought to suck it up and shut up. And yes, the sales have sucked. So what? These people are worse than taking candy away from a baby. Jeez!

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SuckRaven

Bozobub

Senior Member

15. August 2013 @ 17:29

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Originally posted by SuckRaven:
It's called gambling. No one forced these people to "invest", so they ought to suck it up and shut up. And yes, the sales have sucked. So what? These people are worse than taking candy away from a baby. Jeez!

Well, if M$ essentially lied to investors, as implied here, the plaintiffs should win a lawsuit. Fraud/deceit is not part of the risk burden investors are legally expected to carry.

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This message has been edited since posting. Last time this message was edited on 15. August 2013 @ 17:29

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