Surface Price Cut: Is Microsoft Making Way For New Tablets?
Microsoft Corp. (NASDAQ:MSFT) has plans to slash the prices of its Surface RT tablets in order to move stock as sales slow further against its competitors Apple Inc. (NASDAQ:AAPL) and Samsung Electronics Co. Ltd.
Sources told The Verge the price cut could occur as early as next week, with each model being cut by approximately $150. Staples (NASDAQ:SPLS), the world’s largest office products company and second-largest internet retailer, released a listing of weekly promotions that will bring some of the discounts into effect on Sunday.
The Verge reports that Microsoft has dropped the Surface RT 32GB model to $349.99, the 64GB model to $449.99, the 32GB model with touch cover to $449.99, and the 64GB model with touch cover to $549.99.