There is a rumour that Microsoft is developing a new music and video device and is creating an online music service to compete with Apple's products. The rival of iPod and iTunes is going to be lead by Robbie Bach, who headed the development of Microsoft's Xbox. Microsoft is discussing the licensing options with the music industry. Currently, Microsoft declines to comment this information.
Microsoft entered a lot of new markets outside the software industry - Xbox, webcams and more hardware-related products. However the step into the music players could be very important for the future of the corporation. The information that Bill Gates will step down from Microsoft in the near future could affect the overall situation in the most rich man's company even more.
