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Microsoft's iPad-Killer Is A Flop, Says Analyst | |
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| Time: 07:02 EST/12:02 GMT | News Source: Business Insider | Posted By: Byron Hinson | ||
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Microsoft Corp.’s fiscal second- quarter earnings will be less than previously expected due to weak demand for personal-computers and the company’s new tablet, Surface, according to Brent Thill, an analyst at UBS AG. Thill cut his estimate for Surface sales in half, to 1 million units for the period, which ended in December, citing “gloomy sentiment” after the holiday shopping season, he wrote in a research report today. He cut his earnings per share projection for the quarter by 8 cents to 76 cents. | ||
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