title: api directory not found in magento
body: <p>I am new to magento and trying it out.. I have successfully installed magento. Created a user to access magento API’s. 
  But I face problem when I try to establish the connection through SOAP. </p>
  
  <p><code>$proxy = new SoapClient(’http://127.0.0.1/magento/api/soap/?wsdl’);</code></p>
  
  <p>I found that "api" directory is not found in magento folder. After installing magento I have enabled the "soap extension" (extension=php_soap.dll) in php.ini</p>
  
  <p>Should I re-install magento now?</p>
  
  <p>My PHP version 5.3.4</p>
  
  <p>Thanks, 
  Karthik</p>