Microsoft Investing Billions in Windows Phone 7

Microsoft is hoping to give Windows Phone 7 the start it needs by pumping about a billion dollars into the launch.

Microsoft is investing a huge amount of time and effort in Windows Phone 7, that much is obvious. But it looks like the company is going to spend two boatloads of money on it too. Rumor has it, Redmond will be sinking at least half a billion dollars on Windows Phone 7 advertising along with payments to developers and handset manufacturers to ensure all is as it should be when the operating system launches.