I agree with most of that. To be charitable to Nadella, at the time he first came into the role, Microsoft needed someone yelling "Cloud! Cloud! Cloud!" because the company was certainly behind folks like AWS. But for a long time he basically stopped there. Office migrated to the cloud and they pushed out Azure. Then he went on the AI rant and they decided that putting AI into everything, whether customers wanted it or not, was "the next thing." But now we're learning that Azure is a steaming pile of crap with customers leaving, and this article about GUI strategy shows they don't have an application development strategy. Everybody is fed up with Windows. Everybody is fed up with all the numerous "CoPilots." You actually have regular people investigating moving off Windows to Linux desktops. The one thing that Microsoft did exceptionally well through the 1990s and early 2000s was keep enterprises and app developers moving in the same direction. They bent over backwards to keep old Windows 3.1 applications running even on Win32 systems. That all ensured that nobody questioned whether they would work with Microsoft. They were the default and they commanded huge market power because of it. But that's all changed, and they have nothing to replace it. With everybody starting to ask questions that Nadella doesn't have answers for, it's going in a bad direction. Nadella needs to call his EVPs to account and force them to make some hard decisions about what lives or dies and then pressure test the resulting strategy with his customers, both old customers and potential customers. Surely, cloud and AI are a part of that future strategy, but he needs to figure out the rest of it.