Federer drops to third in rankings

Federer has fallen to No 3 in the world (GETTY IMAGES)

Roger Federer is down to No. 3 in the ATP rankings for the first time since November 2003.

Federer's quarterfinal loss at Wimbledon, following seven consecutive appearances in the final, dropped him one spot today. He trails No. 1 Rafael Nadal and new No. 2 Novak Djokovic.

Nadal's second title at the All England Club, a year after missing the tournament because of bad knees, increased his lead in the rankings. Wimbledon runner-up Tomas Berdych, who upset Federer, climbed from 13th to a career-high No. 8.

Like Nadal, Wimbledon women's champion Serena Williams remains at No. 1. But her older sister Venus drops from No. 2 to No. 4. Jelena Jankovic rises to second, with Caroline Wozniacki third.