Windows Mobile 6.5 Debuts But Is It Too Late?

Microsoft trotted out a cornucopia of nifty new products and services at the Mobile World Congress in Barcelona on Monday, not least of which is a long-awaited Windows Mobile 6.5 update. The announcements also included a competitor to Apple's MobileMe service – dubbed My Phone – and an online application store that bears more than a passing resemblance to the iTunes App Store, named Microsoft Marketplace for Mobile.

A major question remains, however: Will it help improve Microsoft's (NASDAQ: MSFT) also-ran image in the smartphone space?  

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