Join us at TNW Conference 2022 for insights into the future of tech →

The heart of tech

This article was published on April 18, 2013

Microsoft confirms it is working on smaller Windows 8 tablets with OEMs, available in coming months

Microsoft confirms it is working on smaller Windows 8 tablets with OEMs, available in coming months Image by: AFP/Getty Images
Josh Ong
Story by

Josh Ong

Josh Ong is the US Editor at The Next Web. He previously worked as TNW's China Editor and LA Reporter. Follow him on Twitter or email him a Josh Ong is the US Editor at The Next Web. He previously worked as TNW's China Editor and LA Reporter. Follow him on Twitter or email him at [email protected].

On its FQ3 earnings conference call on Thursday, Microsoft confirmed that it is working on smaller, cheaper Windows 8 tablets that are expected to arrive in coming months.

Seattle Times reporter Janet Tu paraphrased the comment as:

Microsoft CFO Peter Klein confirms company is working w/OEMs on smaller devices, at lower price points, to be available in coming months.

Earlier this month, talk of a 7-inch Surface tablet picked up, with The Wall Street Journal suggesting that the new line could go into production later this year.

Microsoft announced fiscal third quarter revenue of $20.49 billion, and earnings per share of $0.72. Also of note, Klein announced he will step down as CFO by the end of fiscal 2013. The company plans to promote a member of its financial leadership team in the next few weeks.

Bloomberg estimated in March that Microsoft had sold 1.5 million Surface tablets, 400,000 of which were the Windows 8-powered Surface Pro. While the number is believed to be below the company’s own expectations, it’s still enough to make its own tablet business a $1 billion segment.

Microsoft and its OEMs are likely feeling the pressure to ramp up their tablet business. PC shipments declined a shocking 13.9 percent year-over-year in the first quarter of 2013 , according to IDC’s estimates. The market research firm expects Windows to have just a 2.8 percent share of the tablet market by the end of this year, though that number is projected to grow to 7.4 percent by 2017.

Related:Here are Microsoft CEO Steve Ballmer and Peter Klein’s internal memos regarding the CFO’s exit

Image credit: TIMOTHY A. CLARY / AFP / Getty Images

Also tagged with