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.

Microsoft made history this week. In announcing its Surface tablet, a story that's been dominating much of the tech discourse, it fundamentally shifted its mobile strategy, and just in the nick of time. With Apple and Google commanding ever-growing shares of the tablet and smartphone market, Microsoft was faced with possibly losing its chance to break into these booming markets. In that spirit, Microsoft also made waves, announcing that it will also refresh its lackluster Windows phone. 

Of course, when Microsoft moves, it commands the attention of everyone in tech. However, with past attempts gaining little traction in the market, does Microsoft stand a chance to break into the smartphone market in a meaningful way? Watch the video to get all the details about Microsoft's plans for its Windows phone.

Big tech names might gather a lot of investor attention, but the truth is that they're playing second fiddle to an even larger revolution in technology. To better prepare investors for this new revolution, The Motley Fool has just released a free report on mobile named "The Next Trillion-Dollar Revolution" that details a hidden component play inside mobile phones that also is a leader in the exploding Chinese market. Inside the report, we not only describe why the mobile revolution will dwarf any other technology revolution seen before it, but we also name the company at the forefront of the trend. Hundreds of thousands have requested access to previous reports, and you can access this new report today by clicking here -- it's free.