Watch: When Microsoft CEO Steve Ballmer laughed at iPhone

Apple iPhone turns 15 today. Apple-co-founder Steve Jobs unveiled iPhone on June 29 2007. iPhone launched in an era ruled by Research In Motion’s BlackBerry, Nokia and other phones powered by Windows Phone OS. Motorola and HTC were other prominent players. From the looks of it, Apple iPhone didnt appear to be a threat to the smartphone industry leaders then. And there were lot of naysayers — Microsoft then-CEO Steve Ballmer being the most prominent one.
Ballmer famously dissed the iPhone when was asked what he thought of the device during a press conference. He laughed at the price tag and the fact that the phone didnt have a keyboard and so had no appeal for business users. Microsoft CEO said that Apple was making a big mistake on the device it called the iPhone. “500 dollars? Fully subsidized?