Finance Latest News: Ballmer Reportedly Admits Surface was a Flop, Says Windows 8 Sales are Disappointing

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Finance Latest News: Ballmer Reportedly Admits Surface was a Flop, Says Windows 8 Sales are Disappointing

Finance Latest News: Ballmer Reportedly Admits Surface was a Flop, Says Windows 8 Sales are Disappointing
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Finance Latest News: Ballmer Reportedly Admits Surface was a Flop, Says Windows 8 Sales are Disappointing

Wochit 1:08 mins

Microsoft CEO Steve Ballmer admitted to the company's employees that Microsoft "built a few more" Surface RT tablets "than we could sell," according to the Verge. Microsoft's recent $900 million charge that some analysts claim translates to as many as 6 million unsold Surfaces piled up in warehouses. Ballmer reportedly also admitted that the company is "not selling as many Windows devices as we want to" and that it now plans to turn its focus to the back-to-school and holiday seasons to boost its sales figures. Stocks are getting off to a weak start on Wall Street after more weakness in technology companies. The early decline is putting the market on track for its first weekly loss this month. Game giant Activision Blizzard, publisher of Call of Duty and World of Warcraft, is spending $5.83 billion to buy back roughly 429 million shares from majority shareholder Vivendi.

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