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Even crooks couldn't profit from Microsoft's Surface flop

Gregg Keizer | Aug. 12, 2014
Ex-Microsoft finance manager sentenced to two years in prison for insider trading; partner in crime got 18 months.

Although they were caught, Jorgenson and Stokke, if only temporarily, were among the few to actually profit from Microsoft's decision to enter the computing hardware market. According to an analysis of Microsoft's financials for the last two years, the Redmond, Wash. technology giant has lost at least $1.7 billion on its Surface tablet business.

The $218,000 they received in profit from their illegal trades of July 2013 was about 53% of what Microsoft reported as its total revenue for the Surface in the June 2014 quarter.

 

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