The following video is part of our "Motley Fool Conversations" series, in which technology and media editor/analyst Andrew Tonner discusses topics around the investing world. In the race to win in the growing smartphone market, Apple truly enjoys a decisive lead over software juggernaut Microsoft. But despite present appearances, that might not last. Microsoft has its much-anticipated Windows 8, which caters to PC and mobile users alike, launching later this year, and one market observer thinks it could shift the balance of power decisively in Mr. Softy's favor. However, the top two players in this market, Google and Apple (heard of them?), won't go quietly into the night. How will this market shake out? Watch the video to find out.

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