The Microsoft Corporation had just recently completed their Windows 7 Phone software. This new software will be formally launched to the public on October 11. By November, Windows 7 is expected to be installed on several handsets that are believed to compete with Apple and Google Android smartphones.

Samsung and HTC Corp, as well as other groups of smartphones are expected to release Microsoft-based phones this coming holiday season.

The employees of Microsoft Corp gathered around last month at its Redmond, Washington campus. This marked the completion of their software and revealed how they really want to get themselves back in the fiercely competitive phone market.

However, it is still a question whether the Windows 7 is good enough to turn the iPhone obsolete in the market.

According to Bryan Keane, analyst for the Alpine Mutual Funds that holds the shares of Microsoft, the product cannot just outrun everything that is out in the marketplace. However, Windows 7 might just be better than the other Windows platform.

Microsoft just missed a generation with their last phone operating system, Windows Mobile, admitted by Steve Ballmer, the Microsoft Chief Executive. The Windows Mobile struggled its way in the phone market while iPhone and Android reigned well with their touch screens and fresh applications.

Today, Microsoft ranks fourth in the fast-growing operating systems for the smartphone market in the U.S. It is behind Blackberry-maker Research in Motion Ltd, Apple and Google. From comScore research firm, Microsoft has a share of less than 12 percent.