According to a Microsoft Executive, there's a last-gasp 'iPhone killer' in the works to take on iOS and Android based smartphones. Its current Windows Phone devices have failed to attract buyers - but the firm thinks it has one last chance at success. The firm hopes its future 'Surface Phone' could become as popular as the Surface tablet. 'We need some sort of spiritual equivalent on the phone side, that doesn't just feel like a phone for people who love Windows,' Microsoft's CMO Chris Capossela said.

Yet the one line that caught my eye in today's article was one that showed Capossela's, if not all of Microsoft's frustration competing with Apple: "I think we have to do more breakthrough work' to make Apple fans 'pause before they buy their 17th iPhone." I think he meant to say, I think we have to do more 'miracle-type work' - because anything short of that will never fly. For more details, read the full report here.

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