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  Microsoft's On The Phone
Time: 14:40 EST/19:40 GMT | News Source: Forbes.com | Posted By: Byron Hinson

Now the wireless industry has its $36 billion question. Today U.K. carrier Orange will announce the launch of a mobile phone that runs on a variant of the Windows operating system manufactured by Microsoft. It is the software giant's first step into the relatively uncharted market for "smartphones"--the complex gadgets that allow users not only to chat, but also send and receive e-mails and digital photos, store detailed contact lists, track appointments and, in a more far-fetched sounding scenario, watch movies.

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