Surface Served Its Purpose for Microsoft
Aug 15th 2013 10:00PM
Updated Aug 15th 2013 10:02PM
The Microsoft Surface has been viewed as a bust, particularly after a $900 million write-off in the second quarter of the year. But few point to the fact that Microsoft has gone from almost no market share in tablets and smartphones to a growing, albeit small, market share in the second quarter. The company now commands 4.5% of the tablet market and 3.7% of smartphones, and with more devices hitting shelves every day, contributor Travis Hoium thinks the company still has upside in the mobile business.
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The article Surface Served Its Purpose for Microsoft originally appeared on Fool.com.Fool contributor Travis Hoium manages an account that owns shares of Microsoft. The Motley Fool owns shares of Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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