Good luck because great minds think alike. Getting a product idea finished and out to market takes time, and competitors might be able to do it faster.
Skype Translate reminds me of the Star Trek universal translator but it can only do several languages. I remember when Babelfish came out and some translations didn't take too well. There has always been a need for a computer to translate foreign languages and to translate accurately as well.
I think Apple is trying to do the same things as Microsoft for their iPhone and Macintosh series. So Microsoft has to compete with Apple too to get new ideas to market.
It is a shame that Microsoft, Google, Facebook, Apple can't work together to share ideas and see which ones does them best.