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Britain's Andy Murray said it would have been "stupid" to think he could win the Australian Open so soon after back surgery - reports BBC.
The Wimbledon champion lost 6-3 6-4 6-7 (6-8) 6-3 to Roger Federer in the quarter-finals at Melbourne Park.
It was Murray's second tournament since he underwent surgery in September.
"I wasn't expecting to come in and win the event; that would have been completely stupid to think that," he told BBC Sport.
"It's a very tough thing to do playing against Roger at that level, and even if I'd won I would have had to play Rafa [Nadal] in a couple of days.
"I'm happy to be playing at a good level just now and, with a few more matches and a bit of training and working on a few things, I'll hopefully be back to my best at some stage this year."
Murray arrived in Melbourne having played just two competitive matches in 2014 following a lengthy recovery process.
"I've come a long way in four months," the Scot said. "Obviously right now I'm very disappointed.
"There's a few things I would have liked to have done differently if I was ever to have surgery again, possibly.
"But it's the first time I have ever gone through something like that. I thought I did a good job getting myself in good shape to be competitive at this level.
"I wasn't too far away in the end. With a few things that you can tweak here and there, maybe I could have found a few extra per cent."
Murray, 26, is a three-time finalist in Melbourne and had been trying to make the semi-finals for a fifth successive year.
"It's frustrating because it's basically been four months when I've been lying on my back not being able to move or walk," he said.
"A lot of work went into this Slam compared with other ones where you have a few weeks to prepare. This time I had a long time to prepare, maybe just not enough matches."