Microsoft could be launching phone and buying major tech company

Two bits of seemingly disjointed info coming out of Redmond may or may not have anything to do with each other. The first: Microsoft is issuing bonds; the second is a tweet telling us to hold off buying Pre/iPhone just yet. These two bits of info seem disconnected right?

Analysts believe Microsoft will buy back stock with the funds raised by the bond sale. This the first time in the company’s history that Microsoft has issued bonds. Microsoft is trading on its cash-rich position and good credit standing.

The other news is a tweet from an Office2010 Twitter account telling us that something big is coming down the line. It boggles the mind a bit to think that that Windows Mobile could put together a competitive offering that would stand with the iPhone or even the Pre.