Microsoft's last chance? No way! Microsoft isn't going to run out of money anytime soon; it can buy itself quite a lot of time, enough for several chances.<p>Paul Graham also declared Microsoft dead (<a href="http://www.paulgraham.com/microsoft.html" rel="nofollow">http://www.paulgraham.com/microsoft.html</a>) 3.5 years ago. With all reservations made to the meaning of the word "dead" in this fine essay, I can't find the way around some ways in which this is simply wrong. For example, if I want to play a computer game nowadays, I'd better have Windows. The vast majority of games, from indie and experimental through proud little independent companies all the way to established companies - are made for Windows. It's like the only game in town. There's no sign of changing this in sight. Granted, PC game market is a fraction of that of consoles, but in consoles Microsoft established a good foothold too and not giving it up anytime soon.<p>I'm afraid that many technology observers drink too much of some fashionable kool-aid and over-dramatize things. Wherever some company or technology appears that has non-zero chance to potentially displace established company or technology X, they declare it "X killer" or proclaim X dead. I'm afraid I can't fully trust the expertise and reasoning of said people after that.<p>Maybe Microsoft's hopes to bury iPhone and Android are just that, hopes. But declaring it Microsoft's "last chance", even in mobile segment, is no less wishful thinking.