Apple's recently debuted iPhone is pricey and doesn't appeal to business customers, Microsoft CEO Steve Ballmer tells CNBC.
Asked for his first impression of the wireless, touchscreen-controlled gadget that Apple introduced this month, Ballmer focused on the phone's $500 price tag.
"Five hundred dollars? Fully subsidized with a plan?" Ballmer told CNBC's Scott Wapner. "That is the most expensive phone in the world. And it doesn't appeal to business customers because it doesn't have a keyboard, which makes it not a very good e-mail machine."