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Microsoft Unfazed by Windows Mobile Flop

Stock quotes in this article: MSFT , AAPL , GRMN , GOOG , RIMM , SNE , PALM  

Microsoft(MSFT Quote) announced some disappointing news this morning concerning its cellphone software -- and also had some "fighting words" for Apple(AAPL Quote) iPhone fans.

Even though Microsoft fell short of its highly publicized brag that it would sell 20 million Windows Mobile software licenses in the past year, the company was able to put a good spin on things.

Microsoft wrote to me to say that it was "excited to announce that Windows Mobile had yet another year of high growth, closing out the fiscal year by nearly doubling the overall expansion of the market."

In particular, Microsoft says that despite the recent hubbub over the release of the iPhone 3G, that cellphones based on the Microsoft mobile operating system are still doing very well. ...

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