Microsoft to re-enter Mobile market

Microsoft corporation - the world leader in operationg systems and software has announced that it would re-enter the mobile phone market. Microsoft's mobiles will be targeted at first time buyers and are codenamed 'Peabody'. Some of the common features of it's cellphone would be a Windows mobile OS, Bluetooth and an intergrated camera. Microsoft has tied up with Flextronics to manufacture handsets for them.