Steve Ballmer Admits Microsoft Built Too Many Surface RT Tablets

Microsoft CEO Steve Ballmer has admitted that the company built too many Surface tablets and that Windows device sales haven't been as strong as expected.

During an internal town hall event earlier this week, which was first reported by Neowin, both Ballmer and COO Kevin Turner talked on Microsoft's recent $900 million write-down on the Surface RT, which was caused in part by poor sales and too much stock.

"We built a few more devices than we could sell," said Ballmer, referring to weak Surface RT sales. The Microsoft CEO added that the recent 30% price reduction was required to improve sales. Read more...