Today, Microsoft posted record quarterly revenues of $16.2 billion, a 25% rise year-over-year. Net income leaped 51% from last year, and though it wasn't all positive (its online division lost $560 million), it smashed analyst estimates for sales and earnings. That will surprise a lot of people who thought Microsoft was on the way out — and it may even be a pleasant surprise for its founder.
Apple looks set to shun the next-generation 4G technology, LTE, for its first year in the U.S. Can it still retain its title as the most advanced smartphone, in the face of strong competition from Windows 7 and Android phones?
In the hours before Microsoft's Apple challenger launched, a slew of Windows phones surfaced. Then MS revealed a total of 10 phones for 30 countries. Most look like competitors to the current iPhone, not next year's.