Microsoft Announces Surface 3, A Cheaper, Thinner, Slower Surface Pro 3

• Microsoft announced the Surface 3 today, a new edition to its Surface lineup of tablet-hybrids. The Surface 3 is best described as a  thinner, smaller, lighter, and less-powerful Surface Pro 3.
• Surface 3 costs less
• The Surface 3 went on pre-sale this week, and it will be widely available for sale on May 5. That puts the device’s first financial impacts in Microsoft’s fiscal fourth quarter, or the second calendar quarter of 2015.