Racist Photoshopping?

I got the photo below in a forward. I think it's racist and more importantly, not funny. But it produced a reaction, and that's notable, if not good.

Is the photo supposed be funny because (i) rappers can't write/type?, (ii) Microsoft might actually create such a stupid product?, (iii) computers + black people = comedy?, or (iv) 50 Cent already endorses vitamin water? I'm confused.

Ideas?

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