Microsoft CEO Steve Ballmer has confessed that his company is fifth place in the mobile phone market rankings.
The Telegraph has reported that he said this while addressing the D8 conference in Los Angeles in US,
The Microsoft CEO said that he regretted that the company missed an entire cycle in the consumer market.
Ballmer shrugged off Apple CEO Steve Jobs' claim, who attended the technology conference early in the week, that PCs will see their market declining in the next five years - saying that he believes that PCs are here to stay and that the market for them will continue to grow.
He also challenged Jobs, announcing that the race between the two old rivals is on, with Mircrosoft soon launching Windows on a new range of tablet computers.