Yet another flop by Microsoft.
Joining the ranks of Zune, their first attempt at tablets, Windows Mobile, Surface 1 & 2 [lost billions].
Microsoft just doesn't get it, this products is till wrong at so many levels. Glad I sold my MSFT stock, no growth in this company in the foreseeable future.
MSFT stock rose from $30 to $40 in the past year... they already have way over 2/3 of Apple's mobile market in Europe... they sold far more XBox Ones than Xbox 360s despite the terrible PR (yes, SONY sold more PS4s still - internal growth is undeniable regardless of how you look at it). And the Surface _PRO_ has been highly praised in the "productivity tablet" segment.
Your argument is invalid.
But I'm glad you sold your stock.
1. I sold MSFT at the higher mark of the price range you mentioned, and stock is about potential future growth and MSFT doesn't have it.
2. Are you even kidding, you're mentioning Microsoft and Apple in the same sentence regarding mobile? You have zero understanding of business if you think MSFT is remotely as successful as AAPL in this space. MSFT is so far behind on way too many levels.
Please, please do show MSFT profits from mobile versus AAPL and lets see whose points are invalid. Dare you buddy.
3. Microsoft XBOX lines since the beginning to now has made marginal profit for them. Sony's Playstation line has made dramatically more profits and as a strategy for the company has been way more of a success. Microsoft knew they'd lose hundreds of millions early on with the first iterations of the Xbox too bad they didn't have the same strategy for the Surface and instead overpriced junk and ended up losing a billion while getting zero market share and penetration unlike the Xbox.
Microsoft either comes out with products too early on and doesn't produce the products customers actually want (first iteration of tablets and mobile over a decade ago)
or come way after the market is created and established by competitors than try to overprice their products. (Zune, recent mobile phones, Surface tablets)
Xbox is somewhat a success, from a marketing and customer perception they've done well. From a business perspective they haven't done that well.