graeme_p - 4:46 am on Jul 20, 2013 (gmt 0) [edited by: phranque at 8:26 am (utc) on Jul 22, 2013]
record high of $616.3 billion in December of 1999 (1 month before Steve Ballmer took over from Bill Gates).
Says it all, really.
The results are not really that bad: revenue growth in every division. Surface and Windows 8 lost a lot of money. Windows 8 is probably OK, but the $900m inventory adjustment is a bit of a loss. As far as I can tell this seems to mean that the cut in the Surface RT price means they are selling them at a substantial loss.
Any surprise the Surface RT is not selling well? Windows without Windows main advantage (that it runs almost all the applications previous versions of Windows did). That essentially makes it a new OS.
The title of this thread is wrong. MS did not lose billions (that would refer to its profits), its market cap has reduced by billions.
mod's note: thread title has been changed for accuracy
[edit reason] title change [/edit]
[edited by: phranque at 8:26 am (utc) on Jul 22, 2013]