To the guy that heads up Microsoft's Surface products, the idea that the company is going to kill off its line of computers and tablets is laughable. "It's so far from the truth," Panos Panay, Microsoft's corporate vice president of devices, said on Monday, calling the notion the "tabloid rumor of the week." Panay was responding to a discussion last week by a panel of PC industry executives about the future of Microsoft's hardware business. The executives, which included representatives from Dell and Lenovo, predicted the company would kill its Surface line by 2019. "Microsoft is making a lot of money on cloud, making a lot of money on Windows and Office, but losing a lot of money on devices," said Gianfranco Lanci, Lenovo's chief operating officer, according to the report.